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.
Renault has relocated the production of Trafic from the Opel plant in Lutton (UK) and Nissan in Barcelona (Spain) to Sandouville. The aim is to save this plant, where production volumes have reduced from 105,000 units six years ago to only 25,000 cars in 2013. The group has invested €230 million in its plant in Sandouville, and intends to move its production from high-end vehicles to commercial ones by mid-2015 It is reported that in addition to the announced job creation plan, the company will call back 400 employees that were previously employed to other plants within the Renault group. In January 2013, Renault announced plans to cut about 7,500 jobs within the group in France. Renault–Nissan Alliance is a Franco-Japanese strategic partnership based in Amsterdam and founded in 1999.
Eurofound (2014), Renault, Reshoring in France, factsheet number 243, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/243.
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...
