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 merger of two building firms, Barratt Developments and Wilson Bowden, means that up to 400 jobs at the two firms will be lost. It is uncertain how many redundancies will be made, as the firms hope redundancies will be minimised through natural staff turnover and redeployment. The job losses will occur in the head offices of the firms in Leicestershire and Newcastle. Chief executive Mark Clare said: 'It is always regrettable to have to announce redundancies but we have acted swiftly to remove the uncertainty employees have inevitably faced.' 'We will do everything we can to ensure that we integrate the businesses as quickly and as smoothly as possible.'
Eurofound (2007), Barratt Developments/Wilson Bowden, Merger/Acquisition in United Kingdom, factsheet number 65314, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65314.
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...
