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.
The land passenger transport company Stib is about to hire 2000 workers in the next three years. The company offers different transport services in Brussels area such as subway, bus and tramway. Also, with 6,500 workers, Stib is the first employer of the Brussels area.
On the one hand, the company needs to respond to the large expected increasing number of commuters (675 millions) in 2016 (to 311 millions in 2010). On the other hand, the expectable large number of workers who will retire during this time have to be replaced. This is why the company is going to hire progressively 2,000 people, with 800 in 2012, 800 in 2013 and 400 in 2014. Among those, 60% will replace old workers about to be retired and the other 40% will be necessary to respond to the growing demand.
Eurofound (2012), Stib, Business expansion in Belgium, factsheet number 72972, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72972.
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...
