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.
State-owned company Bus Éireann, which is part of the CIE public transport company, has announced 320 redundancies among its 2,700 workforce, and a reduction in its bus fleet of 150. The national bus company said the measures were necessary to restore its finances to break-even level by the end of 2010 due to what it described as 'a very challenging economic environment'. In addition, the internal restructuring plan incorporates a wage freeze up to the end of 2009 as well deferring payment of the terms of the Towards 2016 national wage agreement.
Eurofound (2009), Bus Eireann, Internal restructuring in Ireland, factsheet number 67901, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67901.
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...
