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.
Fujitsu, a Japanese company specialized in semiconductors, computers and telecommunications, has announced that it is to cut 140 jobs from its factory in Solihul. The company has decided to consolidate its manufacturing in the USA but will continue to retain assembly, test and other activities in the Solihul plant. It proposes to move printed circuit board manufacturing from Solihul to Richardson, Texas to improve the companies efficiency. Of the 700 staff at the site 140 jobs are set to be lost, of them 30 staff are expected to be redeployed. The company has started a 90 day consultation exercise. The union has said that staff are shocked by the unexpected move. As of April 2008, there is no information on when the job losses will be implemented by.
As of May 2008, the Communication Workers Union has announced that workers at Fujitsu, Solihull have voted to take industrial action over plans to cut jobs. No date has been announced for the planned strike action.
Eurofound (2008), Fujitsu, Internal restructuring in United Kingdom, factsheet number 66521, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66521.
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...
