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.
The Agricultural Cooperative of Bergamo (Cooperativa agricola bergamasca, Coab) employs 118 workers and operates, as a contractor of the Amadori group, a poultry slaughterhouse located in Lallio (BG). The contract between Coab and the Amadori group will last until February 2007.
The Amadori group is one of the main companies in the production and commercialisation of white meat (chicken and turkey) in Europe. In Italy, it has 20 industrial plants - of which five feed mills, six hatcheries and six slaughterhouses - and over 30 subsidiaries. It employs around 5,500 workers.
On 12 May 2006, Amadori announced it would stop buying from the Lallios slaughterhouse. The company has taken this decision in response to the market crisis due to the 'avian flu' that, in the last months, has caused negative effects in the poultry sector.
The decision taken by the Amadori group directly affects employment at Coab. In fact, Coab applied to the government for recourse, until the end of May, to the 'ordinary' Wage Guarantee Fund - a 'social shock absorber' that intervenes in cases of a downturn of production due to temporary markets difficulties. After this period, the company envisages the opening, at the beginning of June, of a mobility procedure (ie collective dismissals).
The trade unions reacted to the Coabs decision by asking for an extension of the Wage Guarantee Fund until the end of June. This extension should allow the trade unions, Coab and the Amadori group to elaborate adequate initiatives for the outplacement and redeployment of redundant personnel.
On 23 November 2006, Coab announced the closure of the poultry slaughterhouse located in Lallio in February 2007, with the consequent 'mobility procedure' for all its 118 employees.
The trade unions and the company aim to reach an agreement on the recourse to measures such as 'mobility' with a view to early retirement, economic incentives for voluntary resignation or retirement for those who are already eligible in order to reduce the negative social impact of lay-offs.
Eurofound (2006), Cooperativa agricola bergamasca, Closure in Italy, factsheet number 63519, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63519.
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...
