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.
SCAVI Europe, a textile company created in 1988 specializing in lingerie and t-shirts manufactured in France, relocated in 2021 its production from Asia (sourcing from four suppliers located in Vietnam and one in Laos) to Saran, France. Operating from a single site in Saran with approximately 85 employees, the company experienced increasing demand from major brands, necessitating the recruitment of new personnel. Given the decreasing sewing profession in France, the company launched a recruitment and training project in 2021, to recruit and train 50 people, successfully hiring 46 with plans to add 24 more by April 2023. The strategic decision to reshore is driven by the desire to regain lost expertise. Pierre Fournier, the director of SCAVI Europe, emphasizes that French customers are asking for "made in France" products, aligning with their social and environmental responsibility. The shift toward e-commerce trends has also led brands to encourage Scavi to expedite deliveries.
Eurofound (2021), Scavi Europe, Reshoring in France, factsheet number 275, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/275.
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...
