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 Kleve site of the chemical company National Starch will be closed by 31 March 2010. In 2008, German group Henkel, a manufacturer of adhesives technologies, health and personal care products, acquired the Adhesives Technology Unit of US-based chemical company National Starch. Following Henkel's decision to close one out of four German sites, the Kleve plant will be shut by 31 March 2010. 130 jobs will be affected. According to the works council, 52 employees will be transferred to one of the remaining sites either at Munich, Dusseldorf or Porta Westfalica. Up to 70 employees are expected to accept being transferred to a job creation agency. The remaining workforce will retire or be dismissed.
Eurofound (2009), National Starch, Closure in Germany, factsheet number 69848, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69848.
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...
