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.
As confirmed on 18 November 2017, the mechanical engineering company Kuka will be cutting 250 jobs at its site in Augsburg due to internal restructuring. Cuts will be made in the plant engineering division which manufactures parts for the car industry, as various projects in the past have been affected by major difficulties created by over reliance on external suppliers. Hence a reorganisation is necessary: some of the workers could be reallocated to the robots division.
Kuka has started negotiations with the works council regarding the establishment of a social plan.
Kuka has 4,000 employees at its site in Augusburg of which 750 work in the engineering division.
Eurofound (2017), Kuka, Internal restructuring in Germany, factsheet number 92524, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/92524.
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...
