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.
Finndomo, manufacturers of wooden housing and sheds, will lay off 100 employees in Sweden. This is their third redundancy announcement this year. They are downsizing their workforce due to declining demand for housing. The company is adjusting its production volume, reducing it by 50%, based on a prognosis from the business organisation for wooden houses and furnitures. The Finndomo group has 1,100 employees at nine units; four of them are located in Sweden with a total of 410 employees. Finndomo is the largest manufacturer of small houses in the Nordic countries with a turnover of €215 million.
Eurofound (2008), Finndomo, Internal restructuring in Sweden, factsheet number 67476, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67476.
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...
