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.
Hungarian state television, Magyar Televízió Zrt. (MTV), is terminating contracts with all its external, contracted employees, which may result in cutting 600-800 jobs (of e.d.ws - "economically dependent worker", implying independent workers/entrepreneurs from legal aspects, but whose main income is from the company). The state television is undergoing structural reorganisation and the dismissals were decided after a review of the human resources. The collective agreement at MTV, in effect as of 1 May 2006, prescribes that contracted e.d.ws can only be employed in case no staff persons can fulfill certain assignments. The dismissals are in effect as of 31 May but negotiations are expected to continue until mid-June when a final decision is expected on the number of people who will be contracted in the future and who will be hired as staff. MTV currently has 1,680 employees on staff.
Eurofound (2006), Magyar Televízió, Internal restructuring in Hungary, factsheet number 63600, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63600.
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...
