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.
Coindu, a manufacturer of car covers, has announced the collective dismissal of 387 workers in Vila Nova de Famalicao and Arcos de Valdevez factories. The company justified the collective dismissals with a significant loss in revenues due to the global economic crisis. According to the trade union coordinator of the Textile Association of Minho and Trás-os-Montes, the collective dismissal will affect 387 employees, 148 in Vila Nova de Famalicao factory and 239 of Arcos de Valdevez factory. The company has been operating for the last 20 years and has a third factory in Romania. Overall, it employs 1,700 workers.
Eurofound (2009), Coindu, Closure in Portugal, factsheet number 68751, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68751.
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...
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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...
