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.
HP Inc is to close its inkjet cartridge manufacturing site in Leixlip, Co Kildare, with the loss of up to 500 jobs. Due to restructuring within the HP company, the manufacturing plant in Leixlip has been signalled for closure. The company has employed people at the site since 1995. HP Inc managing director said the closure is not because the plant was not competitive but rather was to consolidate manufacturing to fewer sites in order to achieve operational and organisational efficiencies - the Co Kildare plant is a small site within the company. The company says it is "focusing its efforts on supporting [affected employees] and identifying opportunities for them and providing a programme to help them prepare for the transition ahead" (RTE).
In 2015, HP was divided into two separate businesses, HP Inc and Hewlett-Packard Enterprise. HP Inc is the manufacturing side of the operation while Hewlett Packard Enterprise works in cloud computing and business transformation.
Eurofound (2017), HP Inc, Closure in Ireland, factsheet number 90199, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90199.
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...
