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.
More than 150 jobs are being cut at East Midlands-based airline BMI in its accounting department. A new form of accounting using computers are to be introduced at the firm, resulting in the losses.The firm is creating 21 new posts and the total number of compulsory redundancies is expected to reach 100. Jed Purkis from the GMB union, said: 'People have been told that the company purchased a new computer system in the revenue accounts department. As a result of that they may ask the supplier of the system to actually take on the work in India. We will now ask to consult and negotiate on the possibility of that happening and the way to negate or mitigate any possible redundancies arising from it.'
Eurofound (2006), BMI, Offshoring/Delocalisation in United Kingdom, factsheet number 62818, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62818.
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...
