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.
As part of the programme to recruit 6,000 employees worldwide in the first half of 2022 announced on 19 January 2022 (Airbus-2022-WO), Airbus has confirmed the recruitment of 1,500 new employees in France, including 800 around Toulouse (Haute-Garonne). The aim is to support the increase in production rate after the COVID-19 crisis. New positions will be in all the activities of the group: commercial aircraft, defence and space, helicopters. There will also be 1,500 temporary workers and 1,500 trainees and work-study contracts- both without specifying a minimum duration. Airbus will review its hiring needs by the first half of the year.
Previous announcements of job reductions within the group Airbus in France were recorded on the ERM Database: 470 job cuts in 2018; 546 job cuts in 2017 and 582 job cuts in 2016.
Eurofound (2022), Airbus, Business expansion in France, factsheet number 106566, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106566.
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...
