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.
Call centre operator E-care is to dismiss 211 workers out of 2,000 currently employed at the sites in Rome, Milan, Turin, L’Aquila and Bari.
The company had been a subsidiary of Astrim until 2015, but it was acquired by Olisistem ITQ Consulting S.p.A. in January 2016. The main reason of the dismissals is the sharp decline in sales caused by the decrease in orders from utility company Acea, mobile networks operator Vodafone and sports betting company Lottomatica.
The unions have called for a meeting with the Ministry of Economic Development. Negotiations between the management and the unions are set to start on July 19.
In 2014, the company dismissed about 200 workers at the Milan site. According to E-care, this was due to declining profits from 2014 to 2016.
Eurofound (2016), E-care, Internal restructuring in Italy, factsheet number 88142, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/88142.
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...
