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 insurance company Vivat (formerly: Reaal) has announced it wil cut 900 to 1,200 jobs in the coming three years. According to its Chinese mother company Anbang, which took over Vivat in 2015, costs are 30% higher than competitor costs. In the past few months, Anbang has strengthened its control on Vivat by removing several members of the board and appointing more Chinese board members.
For De Unie union, the news came as a shock. According to De Unie, there will be a wave of restructuring among insurance companies in the near future, following a comparable wave among banks. De Unie stressed the importance of the relatively favourable social plan.
Eurofound (2016), Vivat, Merger/Acquisition in Netherlands, factsheet number 86801, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/86801.
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...
