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.
British Gas will cut 2,000 jobs at sites in Manchester, Oldham and Solihull, up to 1,000 of these back office jobs will be outsourced to India. A British Gas spokesman said 'With new billing systems, we will not need anything like the number of back office data processors.' Job losses are unlikely this year, the company said in a statement, adding that it was still in consultations with unions. The Unison union called the cuts 'completely unacceptable' and warned that they may lead to strike action. This will be the company's first move to outsource work to India, but British Gas - owned by Centrica - was keen to stress that its customer service division would not be affected. The British Gas spokesman said: 'We have no plans at all to offshore any of our call centre work, we remain entirely committed to existing UK call centres.'
Eurofound (2005), British Gas, Offshoring/Delocalisation in United Kingdom, factsheet number 61940, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61940.
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...
