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 administrators of the London-based shoe retailer Jones Bootmaker have confirmed the immediate loss of 262 jobs and the closure of 31 stores. After weeks of uncertainty, Jones Bootmaker was placed in administration on 24 March 2017 and consequently a large part of the business was sold to private equity firm Endless. While 31 underperforming stores have been closed, the remaining 72 stores will continue to operate. Representing the administrators, Steve Absolom of KPMG said it was their priority to ensure that employees who have been made redundant 'receive the information and guidance they need' (The Daily Telegraph) to claim redundancy pay and other monies owed them from the Insolvency Service.
Jones Bootmaker was founded in London in 1857 and is one of the oldest brands in the United Kingdom.
Eurofound (2017), Jones Bootmaker, Closure in United Kingdom, factsheet number 90624, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90624.
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...
