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 Carrozzeria Bertone is the production centre of the Bertone Group, one of the most popular Italian car designers. Today, the group is a business enterprise able to propose ideas and products from the initial concept right through to production. The group is made of four companies (Carrozzeria Bertone; Stile Bertone; Bertone Engineering and Bertone Glass) and 2,355 employees. The Carrozzeria Bertone is located in Grugliasco (TO) and has 1,450 employees.
During the last two years, the production of the Carrozzeria Bertone has sharply decreased because of the crisis that has affected the main European car-makers. At the beginning of February 2007, the company announced the possible closure of the Grugliasco plant with the consequent loss of 1,450 jobs.
The trade unions reacted to the decision by going out on strike and blockading the factory gates for 70 days. The trade unions met the local public authorities several times in order to avoid the closure of the plant, with recourse to the “ordinary” Wage Guarantee Fund to absorb temporary variations in demand.
On 23 April 2007, the trade unions and the Pininfarina group (one of the leading service companies within the automotive sector) reached an agreement on the hiring of part of the Bertone’s personnel who could be involved in the closure of the Bertone plant located in Grugliasco. In the case of closure, 100 redundant workers will be hired by Pininfarina, that is headquartered in Turin. In Italy, this is one of the rare examples of agreements reached by the social partners in order to favour the outplacement of the redundant workers before the collective dismissals procedures have been officially announced.
Moreover, the trade unions announced further actions in order to gather more precise information on the Bertone’s reorganisation plan and to elaborate adequate solutions for the outplacement and redeployment of all the workers who could be affected by the plan.
Eurofound (2007), Carrozzeria Bertone, Closure in Italy, factsheet number 65220, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65220.
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...
