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.
Eurostar, the high-speed train operator, has announced plans to cut approximately 150 jobs worldwide. It also follows the recent merger between Eurostar and Thalys, which prompted a structural review.
The restructuring programme will affect about 50 positions in Belgium and over 90 in the United Kingdom. The job cuts will affect only office-based roles and will not impact operational staff or customer-facing employees. Eurostar aims to manage the reductions primarily through voluntary departures. The reorganisation is part of the company’s efforts to streamline operations and improve efficiency in response to a challenging economic environment.
Eurostar employs approximately 2,700 people and is majority-owned by the French railway company SNCF, with the Belgian railway company SNCB/NMBS also holding a stake.
Eurofound (2025), Eurostar, Merger/Acquisition in World, factsheet number 202821, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/202821.