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 consortium Smovengo, which was awarded the tender to manage the bike sharing service in the Paris region for a 15-years period, has announced the recruitment of over 300 employees on permanent employment contract in the region Ile-de-France. In a statement, Smovengo announced that 'the applications of the employees of Cyclocity, the operator of the current Vélib service managed by the company JCDecaux (previous contractor), will be given priority'. Smovengo, a consortium created by four companies (Smoove, Indigo, Mobivia, Moventia) doesn't have to take over their employment contract, but it will "offer them salary conditions equivalent to those they now have at Cyclocity", according to the management. Currently Clyclocity has 315 employees who are at risk of loosing their position when the current service contract ends.
Eurofound (2017), Smovengo, Business expansion in France, factsheet number 92066, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/92066.
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...
