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.
Car manufacturer Stellantis, the result of the merger between the PSA group and the Fiat-Chrysler group, has announced that it will be recruiting 320 employees for production positions in 2024, to strengthen its workforce at its various French sites. This announcement follows the signing of a new agreement on "managing jobs and career paths" (GPEC) with the FO, CFE-CGC, CFTC and CFDT trade unions for the next three years in France. According to the management, the agreement is designed to assist employees to face changes associated with the digital revolution, ecological transition and the adoption of new work approaches. The goal is to transform into a "Tech Company" specializing in sustainable mobility. In spring 2023, the Group announced the recruitment of 1,200 people in France, thereby stabilising the workforce in the country. A voluntary redundancy plan has been in place since 2022, providing for the departure of 2,600 people.
Eurofound (2023), Stellantis, Business expansion in France, factsheet number 200628, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/200628.
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...
