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.
Coca-Cola HBC Ireland has announced the outsourcing of 130 jobs in its warehousing and distribution centres in Dublin, Galway, Waterford, Tipperary and Cork. The company has attributed the job losses to the "unsustainably high costs" involved in retaining their logistics operation in the Republic. The announcement sparked a bitter nine-week industrial dispute, which ended in November 2009, after Coca-Cola workers accepted the terms of a revised redundancy agreement. The agreed redundancy package amounts to seven weeks pay per year of service with a cap of €150,000, plus an additional lump sum payment ranging from €5,000 to €20,000 per individual, based on length of service.
Eurofound (2009), Coca Cola HBC Ireland, Outsourcing in Ireland, factsheet number 69805, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69805.
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...
