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.
KLM (Royal Dutch Airlines), part of the Air France-KLM Group, has announced that it will hire 100 new pilots and 400 cabin crew during the first half of 2017. The new hires are necessary due to the expansion of destinations KLM is flying, the replacement of aircraft, and the cost reductions that took place over the recent years. About a quarter of the new hires will be recruited for KLM's subsidiary for regional flights, KLM Cityhopper. The recruitment of new hires is taking place despite ongoing conflicts with the current air staff, concerning the pension plans for pilots and the reduction in staffing of cabin crew on long-haul flights. KLM Group employs 32,000 employees spread across KLM and its wholly-owned subsidiaries KLM Cityhopper, transavia.com and Martinair.
Eurofound (2016), KLM, Business expansion in Netherlands, factsheet number 89717, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/89717.
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...
