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.
Up to 250 jobs could be axed by an NHS trust which runs two hospitals in East Sussex in a bid to cut workforce costs. The East Sussex NHS Hospitals Trust said it hoped the changes would be achieved through natural wastage but redundancies had not been ruled out. The trust, which runs the Conquest Hospital in Hastings and Eastbourne District General, has a £5m deficit. It said posts essential to maintaining safe and effective patient care would continue to be filled.
Kim Hodgson, chief executive of the trust, said it recognised that it was difficult news for staff, particularly when finances had been successfully managed over the past year.
'We are concerned to minimise the effect on our committed, permanent staff who provide such an excellent service and we fully expect to make these savings without redundancies.'
'We also recognise that the measures we plan to take will add to the pressures on us all, but this is preferable to large scale redundancies,' she said.
Eurofound (2006), East Sussex NHS Hospitals Trust, Internal restructuring in United Kingdom, factsheet number 63422, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63422.
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...
