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.
The shipbuilding and construction group Hegemann will cut 250 jobs at its shipyards in Wolgast and Stralsund. This was announced on 10 Febuary 2010.
On 13 November 2009, Hegemann had announced to cut 400 jobs. A spokesperson of Hegemann stated that the downsizing was part of a restructuring programme to enhance the company's competitiveness. The job reduction was to be carried out in a socially acceptable manner until spring 2010. The number of job cuts was subsequently reduced because the company decided to make use of short-time work instead.
Both shipyards currently employ a total of around 2000 employees.
Eurofound (2010), Hegemann, Internal restructuring in Germany, factsheet number 69838, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69838.
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...
