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.
Flextronics Manufacturing France, a producer of accessories for mobile phones on a sub-contract basis and a subsidiary of Singaporean group Flextronics, has announced that it is to close its site in Chateaudun with the loss of 510 jobs. Management at the firm attribute the decision to close the site to the loss of contracts with two key clients; Alcatel-Lucent and Nortel. Alcatel-Lucent is bringing back in-house work that Flextronics currently does for it at Chateaudun, whilst Nortel is relocating to Poland. Of the 510 workers employed at Chateaudun, 360 are permanent staff whilst 150 are on fixed-term contracts. The site is to close between October and December 2007.
Eurofound (2007), Flextronics, Closure in France, factsheet number 65828, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65828.
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...
