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.
Gifi has made public a drastic transformation plan aimed at reinvigorating the brand in the context of increased competition with other discount stores (Action, La Foir'Fouille). The French discount giant announced that it will be selling off 11 of its 570 stores across France. A total of 302 jobs will be cut, representing 5% of the workforce. Gifi CEO Philippe Brochard is optimistic about the upcoming transformations. According to him, the first positive effects of this deep restructuring, which includes the implementation of around 10 projects in the fields of marketing, inventory management, and product repositioning, should be felt by the end of 2025.
Eurofound (2025), Gifi , Closure in France, factsheet number 202579, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/202579.
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...
