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.
Vueling is preparing an employee redundancy programme to cut posts in its maintenance division in Barcelona, Madrid and Seville, according to airlines sources, although they have not finalised the number of people affected. The layoffs are a result of the merger with Clickair, following which Iberia took over responsibility for the airlines' maintenance work. In total, 200 posts will be reduced, with some of them reassigned to Groundforce, which looks after Iberia's handling. Vueling will also try to encourage around 50 office workers to take voluntary redundancy, although it is still not certain which departments will be affected, according to Efe yesterday. For now, Vueling plans this week to begin negotiating the introduction of the programme with the Department of Employment, while informing employees of the measure. These actions will conclude the workforce adjustment which Vueling has carried out to adapt to its progressive fleet reduction, from 24 to 16 planes, undertaken over the last few months, and to bring about the merger with Clickair.
Eurofound (2009), Vueling, Merger/Acquisition in Spain, factsheet number 68977, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68977.
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...
