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.
After aqcuiring the majority share in Bavarian-based aerospace and machine tool manufacturer Burkhart Grob, the Swiss-based business aviation company Executive Jet Investment announced its plans to triple Grob's German aircraft manufacturing workforce within the next four years. Grob currently employs 150 people at its Bavarian plant and in face of Grob's successful sales figures (jets for companies and private use), 450 jobs shall exist until 2010.
Grob employs a workforce of 3,000 worldwide, mostly in machine tool manufacturing. The machine tool manifacturing division is not expected to experience this growth.
Eurofound (2006), Burkhart Grob Luft- und Raumfahrt GmbH, Business expansion in Germany, factsheet number 64251, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64251.
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...
