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.
Amazon, the owner of Whole Foods Market, the organic and eco-friendly grocery chain closed two of its UK shops on 28th November 2017, making 150 employees redundant. The affected shops are located in Cheltenham, England and Giffnock, Scotland.
According to media reports, the UK Executive Co-ordinator team of Whole Foods Market said that the proposal to close the shops was based on the financial performance of the stores and promised to 'work with team members to explore alternative employment opportunities.' Amazon took over the global chain of Whole Foods Market in August 2017. Following the closure it now owns seven shops in the UK and employs about 1,000 workers.
Eurofound (2017), Whole Food Markets, Closure in United Kingdom, factsheet number 92631, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/92631.
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...
