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.
Matines, a company specialised in the packaging and marketing of eggs for the retail and catering sectors, has announced to termination of its activities. The restructuring plan has been presented to staff representatives and employees and could lead to the cut of 114 jobs at its various sites in France. Matines is a subsidiary of the Avril cooperative group.
An information consultation procedure has been launched and the cuts may be effective in the autumn of 2022, through the sale or closure of several sites.
The employees that may be affected by the restructuring work at some sites in the Brittany region: at the packaging centre at Naizin (56), where 48 employees work, at the storage site in Trémorel (22) with its 6 employees, at the administrative establishments at Bruz, with 24 employees, in Ille-et-Vilaine, and at Saint-Gérand, with 10 employees, in Morbihan. At Brugnens, the only packaging plant for the southwest, 34 employees may be affected. The Naizin site is already the subject of a commitment to be taken over by Sanders, another subsidiary of the Avril group.
A former restructuring case was recorded in the ERM Database, with 72 job cuts in 2018 (Matines-2017-FR)
Eurofound (2022), Matines, Closure in France, factsheet number 106969, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106969.
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...
