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.
Around 300 workers are to lose their jobs at two Sony plants in south Wales, the company has announced. The electronics firm announced that 220 jobs would be lost at Pencoed and 80 at nearby Bridgend. Sony makes cathode ray tubes at its Bridgend factory and the nearby Pencoed plant puts them into TV sets for the UK market. But the company said the accelerating trend to flat-screen televisions had hit demand for the products. Sony will remain a major employer in the Bridgend area with 1,200 workers remaining at the two factories. Welsh Economic Development Minister, Andrew Davies, said help would be provided for the workers affected by the Sony job cuts.
Eurofound (2005), Sony, Internal restructuring in United Kingdom, factsheet number 61030, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61030.
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...
