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.
Sanmina-SCI Magyarország Kft. is planning to lay off 400 of its employees at its Tatabánya site, index.hu reported relying on information from company sources. Headquartered in San Jose, California, Sanmina-SCI is a leading Electronics Manufacturing Services provider focused on delivering complete end-to-end manufacturing capabilities and solutions to technology companies around the world. The company's three Hungarian sites in Miskolc, Tatabánya and Székesfehérvár employ altogether 2300 people. The Tatabánya site offers the full range of manufacturing and repair services for both PCB assembly and for full systems assembly and test. Other services offered include test software & hardware development, warranty & repair services, distribution, parts localization support and local customs services. News of restructuring came as a surprise after previous announced plans to build a new manufacturing facility and hire additional workforce.
Eurofound (2008), Sanmina-SCI Magyarország Kft., Internal restructuring in Hungary, factsheet number 67728, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67728.
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...
