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.
The Finnish group Nokia has announced the closure of its subsidiary RFS France, which designs and manufactures antennas for telecom networks. The closure will result in the loss of 140 jobs, while 25 employees at the Lannion site will be offered employment by the American group Amphenol. Although the company's management cites the competitive market and the reccurence of economic difficulties to justify the decision, employees point out poor management by the group and an imbalance between white and blue collar workers instead.
RFS France, which specialises in satellite dishes, was taken over by the Finnish company Nokia five years ago, after having been owned by Alcatel for a long period. Negotiations with employee representatives began on 13 January and will be concluded at the end of April.
Eurofound (2023), Radio Frequency Systems France, Closure in France, factsheet number 108378, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/108378.
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...
