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 National Savings Agency in Blackpool, Durham and Glasgow plans to send 250 government jobs to India. This is a result of the changes since 1999 where the National Savings and Investments (NS&I) - the Government-backed savings outfit - and Siemens agreed a ten-year contract for business process outsourcing with the option to extend the contact until 2014. As part of the deal, 4,000 civil servants were transferred to Siemens but only after having won Government assurances that such a move would not lead to a change in terms and conditions for staff. However last month, Siemens Business Services announced that it wanted to transfer a ‘small number of routine administrative tasks to Siemens in India'. The Public & Commercial Services (PCS) union is vigorously opposing the move and calling on the government to take a longer perspective on cost savings.
Eurofound (2004), National Savings Agency, Offshoring/Delocalisation in United Kingdom, factsheet number 60519, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60519.
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...
