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.
Manufacturer Bosch has announced plans to cut 140 jobs from its garden power tools site in Stowmarket, Suffolk. Currently around 250 people are employed at the premises. A consultation with affected staff and their representatives is reportedly underway, the proposal being that jobs are moved to a site in Hungary. The timing of the changes will be determined as part of that consultation process. The company has pointed to its strategic business development as the reason for offshoring rather than the continued uncertainty around the UK's relationship with the EU. The Unite union has described the proposals as a 'body blow for the region'.
Eurofound (2019), Bosch, Offshoring/Delocalisation in United Kingdom, factsheet number 97905, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/97905.
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...
