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.
Placed in compulsory liquidation, the northern France-based group Desmazières - ChaussExpo has been partially taken over by its competitor Chaussea (VGM holding group), as announced at the end of February when bids were submitted and 376 permanent employees will be made redundant. Out of 177 shops, only 74 will be taken over. In detail: 71 outlets will be taken over by Chaussea, 2 in western France by Chloé Diffusion, and one in Libourne by GDC (saving 9 employees). The 71 outlets have a total of 732 employees, but only the 239 permanent staff have been taken on. The remain employees see their fix-term contract ended (for 117) and a total of 376 employees on permanent contract will lose their jobs. Chaussea is thus strengthening its territorial coverage. All shops will come under the Chaussea banner by the summer. An investment programme is already planned to renovate them.
Eurofound (2024), Desmazieres (Chauss'Expo), Merger/Acquisition in France, factsheet number 200959, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/200959.
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...
