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 ship building group DCNS announced the recruitment of 100 people by 2018. The positions are mainly engineers and managers. The manager of the site of Ollioule (Var), explains in an interview that currently 1,200 employees are working there and that the number of workers will reach 1,300 within a year. DCNS has won a huge contract with the Australian government to build 12 submarines for a total amount of €34 million. The site of Ollioule is specialised in the design and implementation of combat management systems and combat systems for surface vessels and submarines. The group employs 13,000 people on 12 sites in France. Job creation are recorded on the ERM database in 2012 (700 job creations) and in 2011 (100 job creations) but also a restructuring in 2011 (150 job losses).
Eurofound (2017), DCNS, Business expansion in France, factsheet number 90244, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90244.
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...
