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.
Unilever's Birds Eye, which produces a large array of food products, has announced a review of its activities that could include the closing of at least one factory. Production sites include : Grimsby with 750 workers, Lowestoft with 800 staff, Hull with 600. This last plant is felt to be safe from restructuring. Management declared that no decision will be taken before 3 months. Unilever on 14 October 2004 announced that it would close its Birds Eye frozen food plant in Grimbsy in eastern England. The plant would close in the first quarter of 2005 with the loss of 600 jobs, 450 of the staff are women.
Eurofound (2004), Birds Eye, Internal restructuring in United Kingdom, factsheet number 59897, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59897.
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...
