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.
Hundreds of job losses due to budget cuts are threatened at Scotland's largest local authority. Glasgow City Council predicts a cut of 294 jobs excluding teachers but said there would be no redundancies or effect on frontline services. The public service union said proposed cuts to meet equal pay claims will cost an estimated 350 jobs and hit services. Planned cuts already announced include a 15% reduction in residential care places for children. Elsewhere, six out-of-school care services could be transferred to the voluntary sector. The budget proposals come as Glasgow City Council tries to meet an equal pay claim for 10,300 employees. The local authority said there would be no redundancies and reductions would come from vacancies, turnover and alternative employments.
Eurofound (2006), Glasgow City Council, Internal restructuring in United Kingdom, factsheet number 62911, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62911.
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...
