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.
OBI Hungary Retail Kft., the Hungarian subsidiary of the OBI Group, carried out a workforce reduction in late November 2025, shortly before the Christmas period. According to information provided by the Trade Union of Commercial Employees (KASZ), employment in the company’s Hungarian retail stores was reduced by at least 118 positions, although the final number may be higher, as the union is not represented in all locations. The dismissals primarily affected shop-floor and sales staff in retail outlets, with reductions varying between locations
The company stated that the measure forms part of group-wide workforce planning for the coming years and is not related to the short-term economic performance of individual stores. OBI also confirmed that the scale of the downsizing did not reach the legal threshold for collective redundancies, either at county level or in Budapest, and that the affected employees were informed individually in accordance with applicable labour legislation.
The union says the staff at the affected locations was proportional to the tasks, the layoff will result in an undue increase in the workload for the remaining workforce.
Later, the company confirmed the lay-offs, although it declined to disclose the exact number of affected employees.
Eurofound (2025), OBI Hungary Retail , Internal restructuring in Hungary, factsheet number 203889, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203889.
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...
