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 Czech Škoda Auto has announced plans to reduce its workforce by 15 percent (i.e. 5,550 job positions) in the Czech Republic over a three-year period in order to maintain competitiveness. The company currently employs 37,000 people in the Czech Republic.
The reduction of jobs is to concern the non-production sector and is to take place in the form of so-called natural demographic fluctuation. The company will not fill positions left vacant by employees who retire.
This year, the automaker's goal is to sell one million cars, which would represent 8 percent year-on-year increase. India is currently the company's fastest-growing market and is expected to play a key role in the company's international expansion. Škoda is now producing the compact SUV Kylaq for the Indian market, which accounts for almost half of all car sales in the country.
A recent restructuring event of Škoda Auto in Czechia can be found here: Škoda Auto 2024 - CZ
Eurofound (2025), Škoda Auto, Internal restructuring in Czechia, factsheet number 202433, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/202433.
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...
