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 Court of Commerce of Bobigny has agreed the plan for the partial takeover of the French low-cost fashion brand Mim by the consortium formed by the Swiss brand Tally Weijl and Etam. Mim was placed in receivership in November 2016. The partial takeover will lead to about 800 jobs reductions on a total workforce of 1500 employees. The new owners will keep 71 stores out of the 233 stores (and 90 affiliates) located throughout France. Mim had a debt of EUR 60 million and faced a lost of EUR 9 million in 2016. Mim is the third low-cost brand to fail after the announcement of the sale of the Tati group and the reorganisation of Vivarte (1,415 job cuts in 2015).
Eurofound (2017), Mim, Bankruptcy in France, factsheet number 90626, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90626.
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...
