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.
Independent supermarket Better Deals, in Strabane, Northern Ireland, is to cut more than 100 job losses when it ceases trading, expected to be by June 2010. It's owner blames competition from large supermarket chains, particularly the local Asda. Glyn Roberts of the Northern Ireland Independent Retail Trade Association said "There are over a dozen other out of town multiple applications right across Northern Ireland which pose a threat to numerous town centres and businesses like Better Deals who are unable to compete on such an unfair basis. We need urgent action by DOE Planning Service to reject these applications and prevent any further retail devastation of our town centres." The exact number of staff currently employed by the company, who will all lose their jobs, is not given.
Eurofound (2010), Better Deals, Closure in United Kingdom, factsheet number 70336, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70336.
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...
