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 DIY and garden centre retailer Mr Bricolage has announced a reorganisation that will lead to close 17 of 759 sites in France and to cut 238 positions. It will also sell about 30 sites in the next three years. The aim is to progressively sell the 87 sites in Europe that directly belong to the company (the other shops are franchises). The company has 832 sites in the EU including 759 in France. The business had lost €12 million in 2015. The management has budgeted €65 million for the restructuring. The three unions CFDT, CGT and FO formed a common front to denounce the closures and job cuts. They report that shareholders never supported the sites facing economical difficulties.
Eurofound (2016), Mr Bricolage, Closure in France, factsheet number 89284, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/89284.
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...
