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 Elche-based footwear component manufacturer Analco is set to implement an Employment Redundancy File (ERE) affecting two-thirds of its workforce, reducing staff numbers from between 350 employees to around 100. The firm is burdened with an important debt due to a sharp decline in sales and plans to sell its production unit to another company, which would retain the remaining 100 workers.
Negotiations with unions over recent weeks have resulted in an agreement to raise severance pay from 20 to 28 days per year worked, capped at 18 months.
The case of Analco highlights the severe crisis affecting Alicante’s footwear industry, where multiple firms have entered insolvency proceedings in 2025. Analysts attribute the downturn to global instability, rising tariffs, and inflation in raw materials, as well as the failure of some companies to adapt their structures to changing market conditions.
Eurofound (2025), Analco Auxiliar Calzado, Internal restructuring in Spain, factsheet number 203912, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203912.
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...
