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 group 3 Suisses, on-line and mail order retailer, has announced its plan to cut about 198 jobs in the framework of a reorganisation. The management decided to eliminate the traditional paper catalogue and to use its website. Management proposals are to provide support for outplacement to 166 employees and early retirement for 32 employees over 56 years old. The discussion with social partners on the social plan starts 17 April with the aim to conclude by 17 July. 3 Suisses has lost €300 million since 2008 and 62 million only in 2013. The first catalogue was published in 1932 and the last one was sent in November 2013 for the Spring and Summer collection.
Eurofound (2014), 3 Suisses, Internal restructuring in France, factsheet number 76889, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76889.
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...
