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.
In the aftermath of Delphi’s closure in the Cadiz Bay area and in the framework of the plans of the Junta de Andalucia (Regional Government of Andalucia) to foster new businesses in order to minimise the negative consequences, the software and e-business company Sadiel announced plans to open up a new plant in Puerto Real. The 'shareholders' of Sadiel are the Junta de Andalucía, Endesa, Cajasol and Indra corporations and the group currently employs 960 people. The company is expecting to create 400 new jobs in Puerto Real by 2010, offering employment to part of the affected employees by Delphi’s restructuring. The new plant will be part of Sadiel’s partner company “Software factory”. This decision is part of Sadiel’s 2007-2010 Strategic Plan, which aims to increase its turnover from the current 73 to 120 million Euro in 2010.
Eurofound (2007), Software factory, Business expansion in Spain, factsheet number 65450, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65450.
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...
