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.
Electronics group Dixons Carphone has announced that it will cut 400 jobs in the UK. The job cuts will take place in the head office arising from cost savings from the merger in August 2013 between Carphone Warehouse and Dixons Retail. The UK workforce would be reduced from 2,000 staff to 1,600. The company has said that many of those leaving would be comprised of former Dixons staff who are not willing or able to relocate from Hemel Hempstead in Hertfordshire to Acton in West London. It is anticipated that the relocation will be completed between May and October 2015. In the United Kingdom, the group owns Currys/PC World. The company employs around 40,000 people across Europe and has flagged that a further 400 job losses may eventuate as the Group continues to review the organisational structure after the merger. This may include job losses in its Dutch, German and Portuguese operations. The company has said that in the longer term, it expected to generate new jobs through expansion.
Eurofound (2014), Dixons Carphone, Merger/Acquisition in United Kingdom, factsheet number 78048, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/78048.
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...
