Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Airbus Atlantic, the new subsidiary of the Airbus group, has announced the recruitment of 700 to 800 employees in France in 2022. The recruitment will take place at sites in Nantes and Montoir-de-Bretagne, as well as in Saint-Nazaire. The company develops and manufactures complex and metallic aerostructure components for civil and military aircraft programs.
The subsidiary will strengthen the aerostructure assembly value chain within the entire Airbus industrial system; it brings together Airbus and Stelia Aerospace, with seven sites and 13,000 employees, in 5 countries and 3 continents, including 9,000 employees in France. The estimated volume of activity is around €3.5 billion. Airbus Atlantic becomes 'the world's number two in aerostructures, the world's number one in pilot seats and is in the top three for business and first-class passenger seats'. The new structure plans to invest €1 billion over the next four years to modernise all its sites through digitalisation and robotisation.
Eurofound (2022), Airbus Atlantic, Business expansion in France, factsheet number 106160, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106160.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
