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.
Carmaker Vauxhall has confirmed 879 job cuts at its Ellesmere Port factory in Cheshire, warning the plant must further improve its productivity. The announcement was made after Vauxhall management and GM officials met union leaders at the factory. Union leader Derek Simpson (Amicus), said the decision was 'another devastating blow to the car industry and UK manufacturing in general'. The government said it would do all it could to help staff find new jobs. The 879 job cuts represent just under a third of the plant's overall 3,000-strong workforce.
Vauxhall has announced that it does not expect to need to make compulsory redundancies as 911 workers signed up for voluntary redundancy when only 879 workers will be made redundant.
Eurofound (2006), Vauxhall, Internal restructuring in United Kingdom, factsheet number 63498, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63498.
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...
