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 29 December, the retail group REAL, a subsidiary of the retail and wholesale giant Metro, announced the closure of 15 superstores at various sites in Germany that pertained to the former Wal-Mart Germany. Around 1,200 employees are supposed to be affected. In addition, the central department of Wal-Mart Germany that is located in Wuppertal is to be closed by September 2007, too. Some of the 700 employees will be offered vacancies at other sites of REAL and Metro. The remaining 70 stores with almost 10,000 employees will be renamed and integrated into the REAL network. Wal-Mart Germany was acquired by Metro at the end of July 2006 and the merger was approved by the Federal Cartel Office at the beginning of November.
Eurofound (2006), REAL, Merger/Acquisition in Germany, factsheet number 64684, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64684.
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...
