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.
Total Marketing France, the marketing division of the French oil producer Total, has announced that it is to cut between 177 and 244 jobs at its three sites in France. The affected sites are Nanterre, Nantes, and Lyon, and the job losses will be implemented between January 2008 and December 2009. Total Marketing France employs 1,500 in France. The Chief Executive Officer of the firm has stated that the job losses are attributable to the need for the firm to cut costs. In another development, the Chief Executive Officer has stated that the firm will also create 22 new jobs. The works council of Total Marketing France has said that an agreement on the restructuring will be negotiated before the end of 2007.
Eurofound (2007), Total Marketing France, Internal restructuring in France, factsheet number 65887, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65887.
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...
