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.
John Lewis has announced plans to close its store in Southsea. The store, which trades under its original name of Knight & Lee, employs 127 staff. Reports suggest that the closure will take effect by the end of July 2019. The store is one of the group's smallest full-range department stores, and modernising is thought to be too difficult. John Lewis has stated that it has no further plans for store closures. It has also said that it will look to mitigate the effects of redundancy by examining prospects for redeployment within the group.
Previous restructurings took place in September (270 jobs lost, while 70 created) and July (300 jobs created) 2018.
Eurofound (2019), John Lewis, Closure in United Kingdom, factsheet number 96676, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/96676.
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...
