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.
The traditional manufacturer of electric motors and drive systems, ATB, which is located in Spielberg, Styria, will dismiss up to 190 employees by 2008. This was announced by the company's CEO, Christian Schmidt, on 7 December 2006. Part of the production of lawn mower motors will be relocated to an ATB plant in Serbia for cost reduction reasons. The planned relocation will start in summer 2007 and be finalised in the course of 2008. The affected Spielberg site currently employs some 700 workers. According to Mr Schmidt the management is willing to initiate negotiations with the works council about the possible implementation of a social plan.
Eurofound (2006), ATB, Offshoring/Delocalisation in Austria, factsheet number 64622, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64622.
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...
