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.
Pharmaceutical company Roche recently announced its plan to close down its Applied Science Business Area by the end of 2013 in an attempt to streamline its business. The move will result in an overall headcount reduction of 170 staff. According to the company, 110 employees will be affected in Penzberg (Germany) (see Roche-DE2013) and 60 in Brandford, CT (US).
The company, which has headquarters in Basel, said that it remains committed to finding socially responsible solutions for staff affected by the redundancies. Roche currently employs more than 80,000 staff worldwide and previously announced large scale job reductions in 2010 (see Roche-WO2010).
Eurofound (2013), Roche, Internal restructuring in World, factsheet number 75274, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75274.
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...
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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...
