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.
Unilever the Anglo-Dutch giant is considering moving hundreds of Finance, Human Resources and IT jobs abroad. Unilever was responding to a report in the German edition of The Financial Times that suggested the company was considering outsourcing 2,500 jobs from around the world to Eastern Europe and India. Unilever said the figure quoted by the newspaper was 'highly speculative' and could not say how many jobs would go worldwide. But the company has confirmed it is considering the possibility of outsourcing administration and IT functions and staff support services. Unilever has IBM and Accenture as potential service providers. No definite decision has been taken on the issue, Unilever has emphasised. Unilever employs 234,000 people in about 100 countries worldwide. On 6 June 2006 Unilever announced that it has assigned part of its human-resource personnel to Accenture. A spokesman of Unilever said this outsource operation will affect 1300 of the 3300 human-resource jobs worldwide. An unknown number of employees will be transferred to Accenture and the rest of the jobs will be cut by other means than direct dismissal.
Eurofound (2005), Unilever, Offshoring/Delocalisation in World, factsheet number 62403, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62403.
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...
