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.
Nearly 150 jobs are at risk as a major employer in Bedfordshire plans to move part of its production to Poland. Huntleigh Healthcare, which employs more than 750 people at its Luton offices, said the move was part of a cost-control programme. The company, which makes medical compression equipment, will hold talks with staff about the proposed 145 job losses at the site in Dallow Road. It said job losses would occur gradually over the next eight months. Manager Ian Jones said: 'Managing our direct cost base is central to maintaining profitability, thereby sustaining business growth. Unfortunately, and as with many other UK manufacturing companies, we have been forced to review our cost structure which has in turn led to this regrettable proposal.' The company said it would help the workforce find new jobs by setting up an in-house employment exchange. Graeme Maddison, the group human resources director said: 'We are very mindful of the human consequences of our proposals and we will do everything we can to mitigate the effects of any job losses through dialogue and consultation.'
Eurofound (2007), Huntleigh Healthcare, Offshoring/Delocalisation in United Kingdom, factsheet number 65337, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65337.
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...
