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.
Arts / Sports 93 - Sports activities and amusement and recreation activities 93.2 - Amusement and recreation activities 93.29 - Amusement and recreation activities n.e.c.
500 jobs Number of planned job losses
Announcement Date
18 December 2022
Employment effect (start)
18 December 2022
Foreseen end date
Description
Cucina Italiana Holding, an Italian group that manages the Palacavicchi dance hall in Rome, announced in a recent note that 500 employees at the facility are at risk of being dismissed, as it is likely that the site will be closed down.
The site has been in a very complicated situation and previous and current management teams have been unable to deliver solutions for ensuring the employment of workers. In the note, Cucina Italiana Holding's sole administrator has requested intervention from the Public Prosecutor's Office, the administration and the Court of Rome to find what solutions would be best to adopt.
Eurofound (2022), Cucina Italiana Holding, Closure in Italy, factsheet number 108137, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/108137.
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...