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.
Family run publisher DC Thomson and Co Ltd is to close it's Dundee print works with the loss of 350 jobs. Comics such as The Beano, and books, are produced at the site. The company, which also has offices in Glasgow, Manchester and London, has said that its newspaper business will not be affected; titles such as the Sunday Post and the Evening Telegraph are produced at a separate location in the city. A spokesman said that the cuts were necessary to ensure a strong future for the company, and that the economic downturn was responsible; and 90 day consultation period with affected staff has begun. Dundee city council leader Ken Guild said: "This news will be a terrible blow for individuals and their families and I will be contacting the Scottish government to ensure that whatever assistance is available is provided to help find other employment or training." No timescale was given for the closure.
Eurofound (2010), DC Thomson and Co Ltd, Closure in United Kingdom, factsheet number 70655, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70655.
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...
