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 sweets Chewits could no longer be produced in the UK, the Trade and General Workers' Union has warned. The fruity chews were launched in the UK in the 1960s and are made at a factory in Southport, Merseyside, which is now threatened with closure. More than 160 workers at the site have been told that Holland-based parent company is considering the plant's future. It is feared that production may be switched to a new factory in Slovakia. Franny Joyce, a spokesman for the union, said they were entering into talks with management but feared for the future of the sweet factory. Mr Joyce said Leaf International had recently been taken over by Dutch venture capitalist CVC. He said: 'We are very concerned. This is yet another example of British manufacturers being forced to close because it can't compete with cheaper manufacturers in eastern Europe.'
Eurofound (2006), Chewits, Offshoring/Delocalisation in United Kingdom, factsheet number 62779, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62779.
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...
