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.
Atop in Barberino Tavarnelle faces potential dismissal of half its 240-member workforce following electric vehicle market downturn. The company, located in Valcaronaro industrial zone and part of Bologna's IMA Group (Vacchi family), manufactures automated lines producing stators and rotors for electric motors used in e-mobility, appliances, power tools, and industrial applications.
CGIL (trade union) representative rejected the proposed 50% workforce reduction as unacceptable, requesting Regional crisis unit intervention and announcing Thursday factory assembly. The union mobilized immediately after management notification, conducting separate meetings with company and unions while hoping for joint discussions soon.
The crisis predates summer when solidarity fund procedures began following strategic pivot from small brushless motor stators for windshield wipers and appliances to electric vehicle focus. Market reversal caused order problems, progressively increasing the hours of staff being paid without working from 20% in May-June to 70-80% recently, reducing monthly salaries from €1,700-1,800 to €1,200-1,300.
Eurofound (2025), Atop, Internal restructuring in Italy, factsheet number 203547, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203547.
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...
