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 merger of the division of commercial aircraft of Airbus with its mother company could imply the dismissal of 360 workers in Spain in 2017 (4% of its entire workforce), according to trade unions sources. The company expects to implement the employment adjustment by means of voluntary leaves, early retirements and relocations. The company has proposed to the workers a relocation for between 180 and 210 positions. Accordingly, employment adjustment could affect between 150 and 180 workers.
Airbus group has announced that it will dismiss up to a maximum of 1,164 workers in Europe out of a total of 136,00. The negotiation process is still in progress, once the group has presented its report to the the European Working Council a decision will be made.
Eurofound (2016), Airbus, Merger/Acquisition in Spain, factsheet number 89387, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/89387.
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...
