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.
A new collective bargaining agreement between unions and management at HZ Cargo, the Croatian national rail freight company, foresees the redundancy of 804 workers in the first nine months of 2014. The agreement envisages cuts in the company’s wage bill of 25% and includes cancellation of holiday bonuses in 2014. The reductions in labour costs and the dismissal of a significant number of workers were preceded by two months of negotiations. The Croatian Union of Locomotive Engineers, together with the Union of Technical Inspection of wagons and trains were party to the agreement but the Croatian Union of Railwaymen did not sign.
Eurofound (2014), HZ Cargo, Internal restructuring in Croatia, factsheet number 76559, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76559.
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...
