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 World Food Program (WFP), the UN’s largest humanitarian agency, has announced plans to cut 25–30% of its global workforce, amounting to around 6,000 jobs. It has not been announced the exact number affecting the headquarters in Rome where around 1,400 work but it is expected to reflect the cut taking place worldwide World Food Programme 2025 - WO.
The restructuring affects all levels and regions of the organisation. The programme follows drastic reductions in donor contributions, particularly from the United States, which previously funded nearly half of WFP’s operations. The Trump administration’s decision to cancel hundreds of millions of dollars in grants and terminate funding for emergency programs in over a dozen countries triggered the downsizing. The agency has already faced challenges due to falling European donations and now anticipates receiving less than half of its needed budget for 2025. WFP stated it will prioritise resources for the 343 million people facing hunger and starvation, with significant downsizing expected in countries like Afghanistan and Yemen. The cuts are expected to affect both emergency food aid and long-term development projects.
Founded in 1961, the WFP won the Nobel Peace Prize in 2020 and delivers food assistance in emergencies and works to improve nutrition and build resilience. WFP operates in more than 120 countries and employs about 22,000 people worldwide.
Eurofound (2025), World Food Programme, Internal restructuring in Italy, factsheet number 203641, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203641.
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...
