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.
At the end of June 2023, La Poste informed the employees of its industrial mail platform (PIC) in Fleury-les-Aubrais (Loiret) of a plan to close the site at the beginning of 2024. Management explains that this project is being carried out against a backdrop of a significant fall in mail volumes (down 23% in four years in Orléans, for example), and a parallel rise in parcel volumes.
The SUD Solidaires union is denouncing the planned closure of the Loiret's only PIC. 'The sorting machines are simply going to be dismantled and all the current mail sorting activity for the Loiret, Cher and Nièvre departments sent to Wissous' in the Paris region (Essonne).
Individual interviews have been held with the employees affected by the closure of this activity, i.e. two-thirds of the platform's workforce of between 160 and 170 employees.
Eurofound (2023), La Poste, Relocation in France, factsheet number 200442, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/200442.
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...
