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.
Vestiaire Collective has announced to open a new logistic site in Tourcoing (Nord) following the company's expansion. The site will be opened in September 2017 with 40 new employees. 60 to 110 more employees will be recruited in the next three years. Vestiaire Collective was launched in 2009 to offer a community platform on which members are able to buy and sell, top of the range and pre-owned luxury clothes and accessories. Each week, more that 20,000 new items selected by a team of stylists are put on-line and added to a permanent catalogue of 400,000 products.
The site stands out on the basis of its unique quality control. 100% of the products are physically checked by a team of experts. More than 100,000 new members sign up each month, and join an international community of 4 million members. These generate more than 3 million transactions each month. To date 250 people are employed by the start-up and spread across the offices in Paris (200 employees), New York, London, Berlin, Milan and Madrid.
Eurofound (2017), Vestiaire collective, Business expansion in France, factsheet number 91089, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/91089.
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...
