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.
Parent company of fashion retailer Jacques Vert has been sold to Calvetron Style Holdings, a company backed by three entrepreneurs. The sale of the business has secured the future of 1,272 jobs in the UK and 1,719 jobs worldwide. However, there will be 272 job losses, with the majority of these based in the UK. There will be 98 job losses from the head office in Shoreditch, London, as well as losses from the warehouses in County Durham. In addition there are 17 standalone UK based stores which have not been included in the sale of the business and jobs will be lost from these sites which will close immediately.
Eurofound (2017), Jacques Vert, Merger/Acquisition in United Kingdom, factsheet number 91325, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/91325.
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...
