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.
Supermarket chain Waitrose has announced restructuring plans which will result in store closures and redundancies; approximately 678 jobs are reported to be at risk. Of these 678 jobs, 498 jobs will be lost due to store closures, while 180 jobs are reported to be cut as the company removes the role of department manager across the group. Most of the current 486 department managers will move to become deputy store managers and the company hopes to achieve the reductions over a longer time period through retirements and a voluntary redundancy programme. The company has confirmed that consultation has begun with employees over the proposed closure of six stores later in 2017. The stores destined to close are Leek, Hertford, Staines, Huntingdon, Cardiff Queen Street and Palmers Green. In the case of Palmers Green there will be a new store at nearby Winchmore Hill.
Eurofound (2017), Waitrose, Closure in United Kingdom, factsheet number 90188, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90188.
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...
