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.
Billboards operator CBS Outdoor France, a subsidiary of US media group CBS, has announced the loss of 100 jobs between January 2010 and December 2010.
The CEO of CBS Outdoor France has presented a restructuring plan to staff representatives announcing the cut of 100 out of 727 jobs. The measure includes the elimination of 215 posts and the creation of new 115 posts.
The group decided to reorganise its activities due to the continuous drop of prices, the rising regulatory pressure in France, and the need to invest more in innovation. Trade union representatives within CBS Outdoor France will call a strike in November 2009 to protest against the planned job cuts.
CBS Outdoor France generated revenue of EUR 170 millions in 2008. The CBS Corporation group is a mass media company with operations in television, radio, as well as outdoor, interactive and publishing segments such as billboard advertisement.
Eurofound (2009), CBS Outdoor France, Internal restructuring in France, factsheet number 69747, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69747.
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...
