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.
Better Energy, a leading player in Denmark’s renewable energy sector, is reducing its workforce by up to 40% of its 363 employees in Denmark by the end of 2024 due to slower-than-expected green transition progress. The company, which has experienced rapid growth over the past few years, faces a market slowdown in solar energy demand. The development of new solar parks has reached a more steady pace, and electrification efforts have stalled. Despite the cuts, Better Energy remains focused on delivering green energy, shifting towards a more project-based approach and outsourcing more tasks. The company is adjusting to a slower growth environment and refocusing on strategic projects in Northern Europe.
Eurofound (2024), Better Energy, Internal restructuring in Denmark, factsheet number 201938, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/201938.
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...
