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 American manufacturer of printers and related products Xerox is cutting 150 jobs at the plant in Venray, in the southern Dutch province of Limburg. It has informed its employees that the photo receptor department and the department manufacturing toners will be moved abroad, although it has not yet been specified where. The move should be completed by the end of the first quarter of 2017. It is as of yet unclear how exactly the dismissals will be realised and whether any other departments, such as logistics, will be affected.
Updated, 9/12/2016: On 24 November 2016 Xerox confirmed reports in the local media that fewer jobs will be lost than initially announced. Because of a change of plans, not all production departments will be closed in Venray, necessitating fewer job cuts. The number of jobs to be cut will now be limited to 50 to 55 jobs.
Eurofound (2016), Xerox, Offshoring/Delocalisation in Netherlands, factsheet number 88250, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/88250.
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...
