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.
Union officials have said they are disappointed after 120 hospital staff in east Lancashire were told they are to be made redundant or redeployed. The job cuts mainly affect management and office roles and are being made to balance the books, the East Lancashire Hospitals Trust said. The Trust is not allowed to go into debt but Unison has said it will try to reduce the numbers of staff affected. The Trust said only a small percentage of its 6,500 staff will be at risk. Jo Cubbon, Chief Executive, said: 'Our duty is to deliver the best possible health care for the population we serve within the resources we have available. Clearly we have done and will continue to do everything we can to avoid the need for redundancies. However we are in the process of notifying 60 members of staff that they are at risk of redundancy. This is both because it has been judged that the role they currently carry out is no longer essential and because our experience suggests that the members of staff concerned may be difficult to redeploy into other roles.'
Eurofound (2007), East Lancashire Hospitals Trust, Internal restructuring in United Kingdom, factsheet number 65338, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65338.
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...
