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 restaurant chain Five Guys has announced that it will open a new restaurant at Disneyland Paris in 2017. The announcement was made in an interview with Five Guys’ Head of Operations Maxime Lestringant on the French site meltyStyle.fr, where Lestringant confirmed: “at the beginning of 2017 we will also open a Five Guys at Disney Village.” The restaurant will employ 100 people. During the summer of 2016, Five Guys has opened a restaurant in Paris, in the area of Bercy, but the number of people employed at this unit is currently unknown. Another restaurant will be opening on the "Champs Elyséees" in Paris by the end of 2016 with 150 employees, while another restaurant opening is also expected near the Gare du Nord in Paris in 2017. Five Guys has 1,350 restaurants worldwide (1,300 in the United States) and employs 40,000 people. The group expects to open 40 new restaurants over the next three years.
Eurofound (2016), Five Guys, Business expansion in France, factsheet number 88739, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/88739.
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...
