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.
Nissan, the multi-national manufacturer of motor vehicles, has announced that it is to create 800 new jobs at its plant in Sunderland. 400 new permanent employees and 400 new temporary employees will be recruited by December 2008. Approximately 4,300 employees are currently employed at the plant in Sunderland. Management at the plant attribute the creation of the new jobs to strong sales of Nissan’s Qashqai model that is produced at the site. Trevor Mann, Nissan Europe senior vice president for manufacturing and supply chain management, stated that all manufacturing staff currently employed on temporary contracts at the plant would be ‘offered permanent positions with the company on a rolling basis throughout the year, subject to performance and sustained volume.’
Roger Maddison, national officer for the trade union Unite, stated:
‘This is fantastic news for the North East, our members and the motor industry as a whole.’
‘Unite members were instrumental in the near flawless launch of the UK-designed Qashqai.’
Nissan employs 160,000 internationally. In February 2007 and September 2007 the firm also announced the creation of a total of 180 new jobs at its Sunderland plant. See previous Nissan factsheet.
Eurofound (2008), Nissan, Business expansion in United Kingdom, factsheet number 66265, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66265.
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...
