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 Norwegian broadcasting corporation NRK will close the licensing department in Nordland and 100 jobs will be cut. The job cuts are due to changes in the funding scheme for NRK, decided by the Parliament. Currently, the law requires anyone with a TV to pay the TV license, but this system will be replaced by a new funding scheme from 1 January 2020. A new model for financing NRK is under evaluation. The closure of the licensing department has been under discussion over several years, but the news still came as a shock for the employees having worked there for a long time, according to the Broadcasting Director. Nevertheless, the Ministry of Culture plans to create 70 new jobs at the National Library in Mo i Rana.
Eurofound (2019), NRK , Closure in Norway, factsheet number 97611, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/97611.
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...
