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 security group Chubb has intimated that it is transferring production at a south Wales fire extinguisher factory to China and would be cutting more than 150 jobs. The move will come as a blow to the workers at the plant in Ferndale, who wanted management to give its backing to an alternative proposal that would have seen the factory expanded. Eric Patry, president of Chubb Continental Europe, said: ‘Chubb's long history of production in Wales has made this a very difficult decision so we have taken the time to evaluate all our options. I believe transferring production to China is the best way for us to continue to provide our customers with a high quality product at a competitive price.'
Eurofound (2004), Chubb, Offshoring/Delocalisation in United Kingdom, factsheet number 60541, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60541.
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...
