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.
The French firm Alstom has announced that it will dismiss 190 employees from its train manufacture plant located in Santa Perpetua de Mogoda (Barcelona). Jobs in the areas of engineering and innovation will not be affected.
According to the source, the reduction is the result of a decline in domestic demand and increased price competition in the international market. The aim of these cuts is to adapt the plant's structure to real demand and guarantee its viability in the future.
The source reports that workers oppose the measure and have been campaigning for political support following the announcement. The same day, the group announced plans to cut 182 jobs at its headquarters in France.
Update 31-07-2014: On the 31st of July of 2014 the company and the unions achieved an agreement that reduces the number of workers dismissed to 130. Direct dismissals will affect to 41 employees while 89 employees will leave the company by means of early retirement plans. The agreement on reduced job losses followed four days of strikes called by unions during July.
Eurofound (2014), Alstom Transport, Internal restructuring in Spain, factsheet number 76860, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76860.
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...
