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.
Bombardier, a Canadian multinational aerospace and railway transportation producer, has announced the dismissal of 160 employees at its Belgian facility in Bruges. The facility will no longer host the entire production process but will instead specialise in the final assembly and testing of railway carriages. The remainder of the production tasks will be relocated to facilities in other countries with France and the Czech Republic indicated as likely destinations in press reporting. In total 90 blue collar workers and 70 white collar workers will be let go by the reorganisation. Trade union representatives indicate that the intent to reorganise the company has been known for several months. Concrete plans were however unknown, which led to great uncertainty amongst employees.
Eurofound (2017), Bombardier, Offshoring/Delocalisation in Belgium, factsheet number 90834, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90834.
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...
