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.
Sobegi has announced to its works council the departure of 50 of its 280 employees within a year and a half. Some employees will be recycled in Total's technical and scientific centre in Pau, near Lacq. Other employees will go on early retirement. No forced dismissals are foreseen. This announcement comes within the framework of a "social adjustment plan" decided by Total which took control of this company. The company has also decided an investment plan of EUR 30 million by 2020. Sobegi has been in deficit for 4 years and plans a further loss of nearly EUR 8.1 million in 2017.
Eurofound (2017), Sobegi, Internal restructuring in France, factsheet number 90583, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90583.
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...
