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 management of Mayoly Spindler pharmaceutical laboratories in Chatou (Yvelines), has announced a reorganisation that will lead to cut up to 69 jobs on a total of 550 employees. Since December 2023, the company had been planning to reorganise its salesforce by bringing together 'two sales networks', which will have the impact of cutting 31 jobs and modifying 38 employment contracts (and lead to the same amount of job cuts if employees refuse the changes).
The company's social and economic committee, the Force Ouvrière pharmacy trade unions and the SEDIF-CFDT union (Energie-Chimie de l'Île-de-France CFDT) had applied to the interim relief judge of the Versailles administrative court to suspend the effects of this decision. However, the Versailles Administrative Court has approuved the implementation of the job protection plan (PSE), which was approved by the Île-de-France Regional and Interdepartmental Directorate for the Economy, Employment, Labour and Solidarity (DRIEETS). Therefore, then the company received a green light to implement the PSE.
Eurofound (2024), Laboratoires Mayoly Spindler, Internal restructuring in France, factsheet number 201021, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/201021.
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...
