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 Technical Research Centre of Finland VTT, has announced the termination of 175 employees as part of a restructuring that merges three business areas into two new units—Digital Systems and Materials & Energy. The changes are set to take effect with a new operational model in early August 2026. The restructuring aims to reduce overlaps in functions, boost digital capabilities, and strengthen VTT’s focus on key technology sectors that support Finland’s economic growth. The adjustments are part of a broader digital transition strategy, and the affected staff are primarily from research and support roles.
The cooperation negotiations, which began in April, were initially estimated to result in 190 job losses. The final number of dismissals has thus decreased during the negotiations, which covered all of VTT's staff of about 2,300 employees.
Eurofound (2026), Technology Research Centre VTT, Internal restructuring in Finland, factsheet number 300458, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/300458.
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...
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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...
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