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.
Energy company Northern Gas and Power has announced it will open a new site in Hartlepool, thereby creating 150 jobs. The positions will be for sales and energy consultants and PAs. The company already has sites in Gateshead as well as in Paris, Chennai and Ireland, and is notable for its approach to employee relations. Staff do not work at all during December and the company has been known to take staff on holidays as a thank you for their efforts. The firm is also unique in that it promotes from within, rather than employing managers from the external labour market. The new site in Hartlepool is expected to open early 2018 and recruitment for the new positions is already underway.
Eurofound (2018), Northern Gas and Power (NGP), Business expansion in United Kingdom, factsheet number 93136, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93136.
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...
