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.
MTVA, the holding group for public media, has announced the dismissal of up to 600 employees in public television and radio stations, as well as state news service MTI. The negotiation with the Works Council has led to an agreement on the dismissal procedure.
Employees being dismissed include award-winning journalists, producers and, in some cases, the entire staff of programs.
The opposition Socialist Party and pro-environment LMP said in separate statements that the jobs cuts were a cover for "politically cleansing" public media. On the other hand, MTVA denied any political motivation in selecting employees for dismissal, saying they were part of a "renewal" of public media.
Eurofound (2011), Médiaszolgáltatás-támogató és Vagyonkezelő Alap, Internal restructuring in Hungary, factsheet number 72241, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72241.
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...
