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.
A printing firm has announced it is making more than half its workforce in Preston redundant. Goss International, based in Preston, is shedding 179 staff out of a workforce of 346. The Amicus union says the majority of the job losses are in the manufacturing sector and has pledged to save as many posts as possible. Goss says that the site, at Greenbank Street, will focus on research and development and project management. Manufacturing will switch to mainland Europe or America. A spokesman for Goss International said the jobs losses were 'significantly less than originally discussed'. The balance between compulsory and voluntary redundancies will be finalised over the months of june and july as a number of new positions have been created as part of the new business structure, and employees will have the opportunity to apply for these new roles.
Eurofound (2006), Goss International, Offshoring/Delocalisation in United Kingdom, factsheet number 63543, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63543.
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...
