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.
It has been announced that a consultation is underway over job cuts at Cameron House Hotel. The luxury resort hotel, on the banks of Loch Lomond has been closed since December 2017, following a fire in which two people were killed. Investigations into the cause of the fire remain ongoing. The hotel employs 450 staff in total and consultation is underway over the loss of 300 jobs. At a meeting at the nearby Dumbarton Football Club, staff were told that jobs would be cut and that of the 300 proposed losses, around 150 would come from the zero hours contract workforce. It is understood that those on zero hours contracts will be paid until mid January, even though no work is currently available. The timeframe for the cuts to permanent staff has not been reported.
Eurofound (2018), Cameron House Hotel, Internal restructuring in United Kingdom, factsheet number 93128, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93128.
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...
