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 Swiss group Carlo Gavazzi, which manufactures electronic and electro-mechanical control components, announced that it will be progressively reducing its workforce with the aim of eventually closing production in Malta. The production will be offshored primarily to the company's Chinese and Mexican locations. The General Workers Union (GWU), which represents many workers there, stated that the closure of the Maltese plant will be phased over several months, but that there will not be any redundancies for at least seven months.
Several reasons were given for this closure, including external constraints, the need to consolidate operations across its various international locations, rising costs, and difficulties in recruiting skilled workers. The Maltese plant has faced financial challenges in the past, including during the 2008 financial crisis; however, in 2006, the Group designated Malta as one of its principal production locations.
The GWU, the UHM - Voice of the Workers, which also represents workers there, and the Government all announced that they are working to ensure that the affected workers find alternative employment. The company also stated that it was in discussions with the government and employee representatives to reduce the impact on the affected employees.
Eurofound (2025), Carlo Gavazzi , Offshoring/Delocalisation in Malta, factsheet number 203243, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203243.
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...
