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 4 March, manufacturer of aircraft engine covers/housings (nacelles) Aircelle announced its intention to create 100 new jobs in its plant at Gonfreville-l'Orcher (Seine-Maritime) before the end of 2012. The company produces large and small nacelles, thrust reversers and aerostructures, and currently employs 1,450 people at its plant. Aircelle recruited 80 workers between October and December 2010, and is currently recruiting 30 more employees. From October 2010 to December 2012, a total of 180 employees will be recruited in order to meet Airbus orders. The majority of the new recruits will be engineers and technicians. Airbus has selected Aircelle (Safran group) to supply the complete integrated nacelle package for the A320neo Family of aircraft due to be launched in 2016.
Eurofound (2011), Aircelle, Business expansion in France, factsheet number 71693, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71693.
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...
