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 University of Copenhagan has announced it will reduce administrative and scientific staff by 532. This is due to the Danish liberal government's budget cut in the area of research and education, which means that the University of Copenhagen must reduce spending by DKK 300 million (€40.2 million). In the period from 12 December 2015 to 18 January 2016 the employees had the possibility to ask for voluntary retirement. On 2 February the University Post informed that in all 255 have asked for voluntary retirement. A further 68 vacancies will not be filled. A further 209 employees will be directly dismissed. They were informed at individual meetings in the days from 9 - 11 February. Due to long notice periods the foreseen end date of the redundancies will be around the end of 2016 or beginning of 2017.
Eurofound (2016), University of Copenhagen, Internal restructuring in Denmark, factsheet number 86563, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/86563.
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...
