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.
Toshiba is ending television production at its Plymouth factory, resulting in 270 job losses. The manufacturing plant at Ernesettle, which has been producing TVs since the 1960s, is closing as production is moving to Poland, although about 50 staff will remain at the site for repairs and to advise the Polish team. The company blamed the decision to centralise production in Eastern Europe on a "fiercely competitive market". It means the end of mass TV manufacturing in the UK, a technology the country invented, and has been described as a "body blow" to Plymouth. Tim Jones, chairman of Devon and Cornwall Business Council, said "This is a trophy company for the city, a global company which has become part of the family of manufacturing companies in Plymouth...For every job that comes up there is a queue of vacancies, so not only do we lose a fantastic company, but all the skills of those employed there...We could lose another 150 jobs as a direct consequence to suppliers."
Eurofound (2009), Toshiba, Offshoring/Delocalisation in United Kingdom, factsheet number 69497, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69497.
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...
