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 Bobigny Commercial Court has ordered the compulsory liquidation of the Habitat furniture chain, with the dismissal of all employees in France: the 315 employees of Habitat France, which had 25 shops, and the 68 employees of Habitat Design International (HDI), the parent company. The company's cash position collapsed the day after it was placed in receivership at the end of November. Faced with numerous incidents with customers whose orders were not being honoured, the staff of the 25 shops exercised their right of withdrawal and closed all the company's directly-operated sales outlets in France. According to Les Echos, the more difficult environment for the furniture market since 2022 is only one of the explanations for the retailer's downfall. Its issues predate this. Specifically, it suffers from persistent stock problems. Despite investing 12 million euros in digital technology and opening new stores since its last acquisition, the company has not experienced the desired turnaround.
Eurofound (2023), Habitat, Bankruptcy in France, factsheet number 200660, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/200660.
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...
