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.
Imperial Tobacco, the world's fourth largest cigarette-maker, has announced plans to shut its Liverpool and Lahr (Germany) plants with the loss of all 415 jobs. The UK company, which is headquartered in Bristol, said it was aiming to streamline its production in Europe. Imperial, which makes the UK's best selling cigarette brand - Lambert & Butler - said the closure of the Liverpool site with the loss of 140 jobs would be completed by March next year. It is also closing its factory in Lahr, Germany, with the loss of 275 jobs. Imperial said its operations in Liverpool, which packs its Golden Virginia hand-rolling tobacco, would be transferred to sister factories in Nottingham and Mullingar in the Republic of Ireland. It estimates that the closure of the Liverpool and Lahr plants will generate annual cost savings of 7 million GBP. Imperial is the UK's second largest tobacco company, behind British American Tobacco but ahead of Gallaher.
Eurofound (2006), Imperial Tobacco, Offshoring/Delocalisation in United Kingdom, factsheet number 64048, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64048.
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...
