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.
Nearly 300 doctors and nurses are to lose their jobs at three West Midlands hospitals. Sandwell and West Birmingham Hospitals NHS Trust, which runs the City, Sandwell and Rowley Regis hospitals, is cutting 800 jobs to save up to £20m. Also affected are 43 senior managers, 170 health care assistants, 224 clerical staff and 77 other staff, including physiotherapists.
The trust, which has more than 7,000 staff and serves a population of 500,000, has imposed a freeze on vacancies and asked staff to consider voluntary redundancy or early retirement. It said its annual budget of £308m would fall to £303m in the next financial year and a £3m debt had to be repaid.
Eurofound (2006), Sandwell and West Birmingham Hospitals NHS Trust, Internal restructuring in United Kingdom, factsheet number 63366, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63366.
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...
