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.
Substantial job losses are expected to be announced at one of Northern Ireland's biggest textile companies. Strabane-based Adria said that its sales in the first quarter of 2005 were 25% down on the same period in 2004. It is thought that about 200 jobs are at risk among its 790-strong workforce.
The province's textiles industry has been badly hit in recent years, with firms struggling to ward off the threat of cheaper foreign imports.
In 2001, the firm cut 165 jobs. It was taken over by a local consortium in June 2002. Another 55 jobs were shed in September 2003 while 58 employees were laid off in July 2004.
Eurofound (2005), Adria, Internal restructuring in United Kingdom, factsheet number 61270, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61270.
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...
