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.
Swedish-owned automotive supplier, Autoliv-IsoDelta (specialised in production of car wheels) has announced to the unions a restructuring plan regarding its site in Chiré-en-Montreuil in Western France. This reorganisation will lead to 225 job cuts (out of the total workforce of 550 people). Autoliv-IsoDelta plans to relocate part of its production to its factory in Tunisia. Parts of the production process had already been relocated to the company’s Tunisian and Romanian facilities in recent years as a response to the accumulating deficits of the Chiré-en-Montreuil site. In 2013, thre was a reported deficit of EUR 28 million (for a turnover of EUR 152 million).
Update 13-06-2015: after negotiation between the management and unions, the number of job cuts has been reduced to 202.
Eurofound (2015), Autoliv-IsoDelta, Offshoring/Delocalisation in France, factsheet number 78737, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/78737.
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...
