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.
On a press conference 8 March 2007 the CEO of the insurance company Codan announced that 75 employees will be made redundant during 2007 and further 25 in 2008, i.e. 100 jobs in all. At the end of 2006 there were 1,489 employees in the Danish department in Copenhagen. The CEO said that this was a continuation of the company policy that so far have resulted in the redundancy of 250 jobs as part of a comprehensive restructuring of costs. He did not specify the timespan over which the 250 redundancies took place, but it was understood that it was before the end of 2006. Codan is owned by Royal & Sun. The 100 redundancies will take place within IT, examination of claims and sales.
Eurofound (2007), Codan A/S, Internal restructuring in Denmark, factsheet number 64345, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64345.
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...
