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.
Atacadão, a Brazilian subsidiary of the French Carrefour Group, recently eliminated 96 jobs in Aulnay-sous-Bois (Seine-Saint-Denis) through voluntary departures. This reduction accompanied the replacement of a Carrefour hypermarket with an Atacadão store, part of Carrefour's strategy to introduce its low-cost brand in targeted low-income neighbourhoods in France. According to trade unions, 240 employees remain in the new store. This workforce reduction has drawn criticism and highlighted Carrefour’s difficulty in establishing Atacadão.
Several prior restructuring activities by Carrefour are documented in the ERM database. In 2023, Carrefour reduced its workforce by 900 to 1,000 jobs through a voluntary redundancy plan Carrefour 2023- FR.
Eurofound (2024), Atacadão, Relocation in France, factsheet number 201880, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/201880.
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...
