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.
Engineering company Rolls Royce has revised its planned restructure and provided more information about locations of job losses. Worldwide 400 senior management roles are to be cut in 2016, and half of these cuts will be based in the UK. The majority of the 200 UK cuts will come from the company's main site in Derby.
The company believes that reducing the number employed in management will streamline their business structure, resulting in better financial performance for the company. Although the firm has been cutting back on managerial staff, it has continued to add more jobs to the production side of the business so that new orders can be met.
Eurofound (2016), Rolls Royce, Internal restructuring in United Kingdom, factsheet number 88336, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/88336.
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...
