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.
Cement producer Lafarge has announced to its European works council that it plans to cut about 203 positions in France in the frame of a reorganisation linked to the merger process with Swiss cement manufacturer Holcim.
The management will start negotiation with the social partners with the aim of avoiding forced dismissals and proposing internal or external mobility schemes, early retirement or voluntary departures. The job cuts are to affect support functions (920 employees in France) at the headquarters in Paris (195 job cuts) and the Lafarge Services Groupe site near Lyon (8 job cuts). Meanwhile, Lafarge will create 37 positions in research and development activities at its Saint-Quentin Fallavier research centre. Taking into account this job creation, the total net job loss is 166.
Lafarge has 63,000 employees worldwide and about 45,000 in France.
Eurofound (2015), Lafarge, Merger/Acquisition in France, factsheet number 83285, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/83285.
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...
