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.
For the first time since 9 years, the airline Air France has announced to recruit about 200 to 250 pilots per year from 2018 to 2022. Air France must hire massively to cope with the return of growth and departures in retirement.'We are going to recruit about 250 pilots a year by 2022', explains Air France's Air Operations Assistant General Manager, responsible for some 3,400 Air France pilots. Of these 250 pilots, a hundred will come from the 'cadet' channel (a recruitment channel opened for 100 candidates without any aerospace background that will receive a 24 months training), the others are pilots already trained from other companies as well as pilots from the air force. Several important job reductions were recorded since 2010: 4,000 job cuts in 2010; 5,122 in 2012; 1,826 in 2013; 800 in April 2015 and 1,000 in October 2015.
Eurofound (2018), Air France, Business expansion in France, factsheet number 93064, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93064.
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...
