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.
The regional newspaper "Le Progrès" announced a voluntary departures plan to cut 77 positions. The plan targets 27 editorial positions, 30 in administrative services and 20 in technical services, out of a total staff of about 500. This voluntary redundancy plan comes three weeks after the presentation to the works council of the new strategy of the newspaper and, more broadly, of the group Ebra, the owner of the title. The aim is to focus on the development of the web. In this context, four job creations are also planned: two of community managers, one of webmaster and one of video editor.
According to the SNJ union, negotiations with staff representatives will open on 27 March, with an agreement expected mid-June by management. The first departures would start from September. The voluntary departure plan would be spread over ten months. The union is concerned about the risk of intensifying the pace of work for the remaining employees. A former social plan occured in 2006 with 130 job cuts.
Eurofound (2018), Le Progrès, Internal restructuring in France, factsheet number 93635, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93635.
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...
