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.
ING, a Dutch banking group, announced up to 950 job cuts in the Netherlands as part of a wider reduction of around 1,250 operational roles worldwide ING 2026 - NL, affecting mainly anti-money-laundering and related operational activities in Amsterdam and other Dutch functions.
The measure was presented on 18 March 2026 during an investor conference and is linked to a broader digitalisation and AI programme intended to improve efficiency and generate around €350 million in cost savings by 2026. Part of the affected work concerns KYC and associated activities, where ING says technology can automate repetitive checks and allow output growth without equivalent staff increases.
Eurofound (2026), ING, Internal restructuring in Netherlands, factsheet number 204472, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/204472.
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...
