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.
Meritor, US-based manufacturer of parts for heavy vehicles, is letting go of 195 employees in Lindesberg due to a decrease in orders. 95 job cuts concern permanent and 100 redundancies concern temporary employees.
Negotiations about the job-losses will begin at the end of the first week of November. The local chapter of the Union of Metalworkers (IF Metall) has recognised the fact that the company is higly sensitive to the global economic situation and has noticed a drop in orders.
Meritor also announced redundancies affecting Swedish jobs in the wake of the 2008 economic crisis (for more information please see the following case: 13700).
As of October 2012, there is no information on when the planned reductions will be implemented by.
Eurofound (2012), Meritor HVS, Internal restructuring in Sweden, factsheet number 74418, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74418.
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...
