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 aerospace equipment group Zodiac Aerospace has announced to recruit about 150 employees by 2017 in its site of Issoudin. According the union's delegate (CFE-CGC), the plant has already recruited 150 employees in 2015 and expect to recruit 150 new employees in 2017 due to an increase in the number of orders, and the relocation of activities transferred from the United States. Zodiac Seats France is a manufacturer of a comprehensive range of products as economy class passenger seats, business and first class passenger seats, crew seats and helicopter seats. Zodiac Aerospace has 35,000 employees worldwide and a turnover of about €5 billion. The company is having difficulty keeping its seat activities in line with the increasing activities of Airbus, its main customer. In January, Airbus strongly warned Zodiac that delays in aircraft seat delivery were would not be tolerable, and that Zodiac has to do everything it can to remedy the situation.
Eurofound (2016), Zodiac Seats France, Business expansion in France, factsheet number 87714, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/87714.
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...
