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 February 2004, DSM announced the initial results of its "Copernicus" project aimed at improving the efficiency and effectiveness of the company's manufacturing activities at the Chemelot site in Geleen (Netherlands). The project is expected to lead to the loss of some 500 jobs in support services and manufacturing staff departments. DSM will also investigate whether a number of services can be outsourced. Together with the trade unions DSM is working on a social plan: there will be no collective layoffs, the people affected will be supported in moving to a new job as much as possible, the possibilities of an early retirement scheme based on the existing pre-pension scheme will be explored.
Eurofound (2004), DSM, Internal restructuring in Netherlands, factsheet number 60117, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60117.
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...
