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.
Government Department, the Department for Work and Pensions (DWP), has announced plans to close 68 of its job centres. The move will result in the loss of 750 jobs. The DWP has said that some redeployment may be possible. There are also plans to open five new larger job centres, though the locations of the these sites have not been confirmed. The cuts are expected to take place over the forthcoming year.
The Government justified the plans by arguing that more and more of the business nowadays happens online and that the cuts will offer better value for taxpayers. The PCS union argued that the changes would mean that the most vulnerable members of society would struggle to access the services they need.
Eurofound (2017), Department for Work and Pensions, Closure in United Kingdom, factsheet number 91631, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/91631.
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...
