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.
In April 2002, Mitsubishi Electric announced the closure of its Estrelles plant, affecting 580 jobs. An outplacement scheme has started, setting up a job convention with 50 plants of the industrial area with more than 500 employement opportunities.
In February 2003, the closure of the plant was effective, with the dismissal of 580 workers.
In October 2003, Mitsubishi Electric announced that more than 94% of its ex-workforce has found a new job in the industrial area.
Eurofound (2002), Mitsubishi Electric, Closure in France, factsheet number 59606, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59606.
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...
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...
