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 pen and lighter manufacturer Bic has announced about 100 jobs cuts at its head office in Clichy (Haut-de-Seine). The job cuts will be implemented at the end of 2019. The group explains that its profitability deteriorated in 2018 in a difficult market environment. This reorganization was decided as part of a global transformation plan that includes approximately 450 job cuts worldwide (see ERM FS) and the creation of 400 new positions. Faced with more aggressive competition, the group's profitability deteriorated last year, with a 1.5 % in its operating margin to 18.1%. The French manufacturer currently has 13,600 employees worldwide, including 1,800 in France.
Eurofound (2019), BIC, Internal restructuring in France, factsheet number 97994, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/97994.
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...
