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.
In a statement from 19 June the Bulgarian Defense Ministry announced a headcount reduction affecting 2,400 military employees and 300 civilians. The job cuts will concern the divisions of Pleven, Sliven, Shoumen and Vratsa. There will also be 1,800 new jobs created in the divisions in Yambol, Kazanluk, Stara Zagora and Karlovo. All soldiers who wish to continue their service in the army can apply for these vacancies.
The restructuring plan is to be carried out starting from 1 July 2012.
So far most of the cuts performed have been limited to open vacancies rather than actual dismissals. The upcoming cuts are the largest under the current government. The general plan for the development of the Bulgarian army for 2014 involves the reduction of 7,000 jobs, affecting 5,700 military and 1,300 civilian employees.
Eurofound (2012), Bulgarian army, Internal restructuring in Bulgaria, factsheet number 73808, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73808.
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...
