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.
As announced on 16 October 2025, furniture manufacturer Kusch+Co will close its production site in Hallenberg (North Rhine-Westphalia) in March 2026, affecting 110 employees. Production is expected to end by the end of 2025, with full closure by March 2026.
The reason cited is declining demand and high production costs. However, according to parent company Nowy Styl, there has been no financial difficulties. The company plans to reorganize production in Germany. Kusch+Co intends to support employees in their job transition. The parent company Nowy Styl employs around 3,500 people worldwide.
Eurofound (2025), Kusch+Co, Closure in Germany, factsheet number 203758, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203758.
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...
