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.
Spanish-based hotel chain NH Hoteles plans to dismiss 646 employees. The measure will mainly affect the cleaning and maintenance services staff. The company has announced its plan to outsource those services in the future. The Unions have called for a strike on the 11th of April in protest against the measure. In order to achieve an agreement, the company has proposed to negotiate with the outsourcing companies the hiring of the dismissed workers. Nevertheless, the union has rejected the offer.
Updated, 07/10/2013
As announced, the job reduction measure refers to 377 job cuts following the decision of the SIMA (Interconfederal Service of Mediation and Arbitration).
According to the sources, 90 % of the dismissed workers will be hired by other companies and will receive compensation by dismissal equal to 25 days per year worked up to a maximum of 15 months. The rest of the workers will receive compensation by dismissal equal to 30 days per year worked up to a maximum of 18 months.
Eurofound (2013), NH Hoteles, Internal restructuring in Spain, factsheet number 75176, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75176.
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...
