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.
Škoda Auto, the leading Czech car manufacturer, announced it had introduced a personnal audit verifying the usefulness of employment positions in the company, namely in administration, maintenance, logistics and spare parts distribution. This measure is seen as a threat to 2,800 jobs. According to personnel director Martin Jahn, who denies the speculation about the number of dismissals, the company considers some workers to be transferred within the company and some production activities to be outsourced at the national level. The German mother group Volkswagen has also introduced a saving programme that could reduce the workforce by 20,000 people.
Eurofound (2006), Škoda Auto, Internal restructuring in Czechia, factsheet number 63553, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63553.
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...
