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 14 May 2012, British supermarket chain Tesco announced plans to cut 980 jobs in 420 units across Poland. The company did not sign the bilateral agreement with the local trade unions - a consensus on the allowance's level proposed by the unions was not achieved thus far. The dismissals are part of larger reorganization in Tesco.
However, Tesco also plans to create 1,700 new jobs (mainly in new units) across Poland by the end of 2012. The company representatives informed that many of the dismissed employees are to be proposed new job offers. Eventually, dispite the redundancies, the total employment in Tesco is expected to increase by 720 jobs.
Tesco has been operating in Poland since 1992 and currently owns 420 stores and 27 petrol stations in the country and employs about 29,000 people.
Eurofound (2012), Tesco, Internal restructuring in Poland, factsheet number 73624, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73624.
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...
