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.
Save the Children, a global humanitarian organization, has announced plans to cut 2,300 jobs worldwide.
Under the programme, the organization is to close its five country offices in Sri Lanka, Poland, Brazil, Georgia, and Liberia. The layoffs follow the Trump administration’s decision to freeze over 90% of USAID’s foreign aid contracts and eliminate $60 billion in U.S. international assistance. The organization also confirmed that around 300 positions were affected by job cuts and voluntary resignations in its branch in the United States.
These restructuring measures come as Save the Children halts programs in 40 countries, impacting up to 12 million children and families dependent on its support. The organization described the funding cut as a historic betrayal and warned of significant disruptions, including millions of aid items stranded in warehouses. Save the Children said the speed and scale of the cuts have caused chaos, forcing it to make difficult decisions on staffing and operations.
Founded in 1919, Save the Children works in over 100 countries to provide health care, education, nutrition, and protection for children in crisis. The organization employs about 25,000 people worldwide.
Eurofound (2025), Save the Children, Closure in World, factsheet number 202871, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/202871.
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...
