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.
Waitrose supermarket has announced plans to close five of its stores which will result in 440 job losses. The stores are located in Barry, Blaby, Ashbourne, Teignmouth and Torquay. It is being reported that four of the sites (with the exception of Ashbourne) are due to close in June 2019 when new owners will take over the premises. The plans are now subject to a formal consultation during which Waitrose has said it will explore possibilities for affected staff to remain with the company. A spokesperson for Waitrose expressed sadness at the closures, but stressed that the company was unable to continue operating sites which are not profitable.
Eurofound (2019), Waitrose, Closure in United Kingdom, factsheet number 97424, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/97424.
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...
