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.
Dow AgroSciences Co., a multi-national group that operates in the chemical sector, has announced that its subsidiary Dow Chemical is to close its site in Lauterbourg with the loss of 171 jobs. The plant in Lauterbourg manufactures fertilizers, and is due to close in December 2009. The job losses at the site will be implemented between January and December 2009. Management at the group attribute the closure to the level of competition within the sector.
The closure of the Lauterbourg plant is part of a global restructuring programme by the group. The group, which employs approximately 50,000 globally, will cut 1,000 jobs at sites across the world. The group attributes the global restructuring programme to the need to increase its efficiency.
Eurofound (2007), Dow Chemical, Closure in France, factsheet number 66078, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66078.
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...
