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.
The Seat Pagine Gialle (PG), one of the main operators at world level in the sector of multimedia profiled advertising, is to cut 195 jobs (125 job cuts will affect its offices located in Turin). The job cuts are included in the 2009-2011 reorganisation plan announced by the company at the beginning of November 2008. Moreover, the plan envisages new investments in the internet services, IT, marketing and advertising divisions, and training for the personnel.
The company announced for the redundant workers the recourse to the “mobility” (mobilità) with a view to early retirement and other measures aimed to reduce the negative social effects of the lay-offs.
The Seat PG is a large multimedia platform which provides tens of millions of users with detailed information and search instruments, and 600,000 advertisers with access to a wide range of advertising and communications services. It offers consumers and businesses ways to make themselves known and let people find them.
The Seat PG belongs to the Seat group, which has 6,652 employees worldwide. The Seat PG operates in five European countries; in Italy, it has 1,449 employees.
Eurofound (2008), Seat Pagine Gialle, Internal restructuring in Italy, factsheet number 67362, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67362.
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...
