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 state enterprise Lesy České republiky (LČR), which manages forests in Czechia, has announced that it will make 103 employees redundant by the end of 2023.
In most cases, the employment contracts will be voluntary terminated, some employees will retire or will be offered a new job within the organisation.
In the last six years, LČR has been troubled by bark beetle attacks in Czech forests and recruited many technical workers in forestry as well as seasonal workers. At present, the strongest impact of the calamity is subsiding, leading to the decision to implement an internal restructuring plan.
The main activity of the company, which currently employs about 3700 people, is the management of the majority of forests (1.17 million ha), which are owned by the state. LČR was founded in January 1992 by the Ministry of Agriculture of the Czech Republic.
Eurofound (2023), Lesy České republiky (LČR), Internal restructuring in Czechia, factsheet number 200440, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/200440.
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...
