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.
Intermarché - ITM Logistique Alimentaire International, the logistics subsidiary of French retailer Intermarché (Groupement Les Mousquetaires) has announced a new employment safeguard redundancy plan for the gradual closure of six sites between the end of 2020 and the end of 2021.
According to trade union CGT, this plan will leave hundreds of employees unemployed, although management disputes this figure. The union has stated that the plan involves 122 net job cuts. In detail, the employment safeguard plan provides for the gradual closure of six logistics bases between 'end of 2020 and end of 2021' siad a CGT representative, secretary of the central works council.
Closures will be partially offset by the construction of four new bases in the same municipality or nearby. But on the sites of Gournay-Loizé (237 positions according to the CGT) and Saint-Dié-des-Vosges (197 positions), concerned by closures, the reemployment of the employees in other bases will be 'complicated', estimates CGT, as these two sites are located respectively at 'almost 100 kilometers' and 'more than 200 kilometers' from the nearest new bases, he said.
Eurofound (2018), Intermarché - ITM Logistique Alimentaire International, Closure in France, factsheet number 95604, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/95604.
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...
