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.
In receivership since November 2017, France Loisirs has announced an 'emergency' employment safeguard plan that will lead to 450 job cuts on a total workforce of 1,800 employees. The aim is to preserve its cash and the chance to find a partner. France Loisirs publishes and sells books at preferential prices for customers who have joined the 'France Loisirs Club'. Management believes that this business model, based on membership to obtain preferential rates, is no longer suitable to cope with competitors as Amazon. Several sites will be closed on national level including 36 bookshops. France Loisirs has employed 2,500 people in 2015 when it was taken over by the new owner. Its turnover decreased from €217 million in 2016 to €185 million in 2017.
Eurofound (2018), France Loisirs, Closure in France, factsheet number 93771, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93771.
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...
