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.
Express Newspapers have announced that 86 jobs are to be lost at The Daily Express and The Sunday Express. The main cuts are amongst subeditors, with 36 of 62 staff subeditors being cut, together with 33 regular casual subeditors and 17 other casuals, at the company's offices in the City of London. Managers at the newspaper are to meet with the National Union of Journalists to agree the timing of the redundancies. The newspaper has attributed the cuts to the economic situation in the UK, coupled with the introduction of the new Woodwing editing system which allows staff to write their stories directly onto pages rather than sending them to a subeditor. It is not known how many people in total work for the Express owing to their system of employing staff and freelance workers.
Eurofound (2008), Express Newspapers, Internal restructuring in United Kingdom, factsheet number 67079, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67079.
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...
