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.
On 23 March 2010, publishing company Jahreszeiten Verlag announced it would be cutting around 70 out of 420 total jobs. The management of the publishing company wants to fully restructure the business and lay off every editor without an executive position. Each of its ten magazines is to be published with a core team. Articles and graphic arts are to be provided by freelancers. A spokesperson of the management stated that enforced redundancies could not be avoided. Other cost saving measures, such as short-time work, had not compensated for the drop in sales. The restructuring is to be completed by mid 2010. Talks between the works' council and management are still ongoing, however.
Eurofound (2010), Jahreszeiten Verlag, Internal restructuring in Germany, factsheet number 70455, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70455.
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...
