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 management of the Spanish Roca Group, specialised in the manufacturing of porcelain, taps, ceramics, and other bathroom accessories, has announced that the company is preparing an Employment Redundancy Plan (ERE) for the Gavà plant of Roca Sanitario (Barcelona). This internal restructuring plan involves the dismissal of at least 70 of the plant's 700 employees.
The works council of the Gavà plant has been informed that it is not yet clear how many of the factory's 700 workers are affected. Notwithstanding, the cuts will affect at least 70 people, since the Spanish regulations state that any ERE is activated when redundancies affect more than 10% of the premise’s workforce. The workers’ representative organisations have rejected the proposal of the ERE and have demanded the management to negotiate alternative measures to the dismissals, which would guarantee industrial activity and jobs. Meanwhile, the company has assured that Roca Group will continue with its industrial activity at the plant, and that the redundancies will be made for productive reasons.
Update 14/09/2023
On 14th September 2023, Roca Group has presented its Employment Redundancy Plan (ERE), which, different from the initial announcement, encompasses the redundancies of 168 employees of its sanitary ceramics and taps plant in Gavà (Barcelona), which represents 24% of the centre's workforce.
The company representatives have expressed their confidence in maintaining dialogue and "reaching favourable agreements for all those affected", including early retirement plans that may allow for "non-traumatic exits". The company has assured that the Gavá centre will continue to operate as usual. Meanwhile, the CCOO trade union has rejected the ERE file and has demanded the management of Roca to guarantee the existing industrial activity.
Eurofound (2023), Roca Sanitario, Internal restructuring in Spain, factsheet number 200292, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/200292.
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...
