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.
Supermarket chain Sainsbury's is reported to be in the process of cutting 240 jobs from its IT department. The jobs which support stores, depots and supply chains are reported to be being outsourced to Tata Consultancy Services. It is understood that most of the staff will be redeployed to the new company, but they are expected to lose out on the terms and conditions associated with being Sainsbury's employees, such as store discount and membership of the company pension scheme. The transfers are expected to happen in the coming two months. There is a dispute over when staff were informed of the company's intentions. Sainsbury's have said that staff were told in January, whereas media are reporting that workers claim the company only informed staff in April.
Eurofound (2015), Sainsbury's, Outsourcing in United Kingdom, factsheet number 79429, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/79429.
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...
