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 cosmetics manufacturer Schwan-Stabilo will be cutting 200 jobs within the next 12 months due to an internal restructuring plan. Employees in administration and production at the plants in Heroldsberg and Weißenburg will be the ones most affected by the cuts. According to management, cuts are necessary to respond to the increasing price pressure and to a changing market. Altenative, measures implemented in the past to counteract these trends have been unsuccessful.
In the new course of action, Schwan-Stabilo intends to strengthen its plants in the Czech Republic, to produce more cheaply, and the United States of America, to counter potential trade barriers.
Negotiations with the works’ council will commence soon.
Currently, Schwan-Stabilo has 1,300 employees in Germany.
Eurofound (2019), Schwan-Stabilo, Offshoring/Delocalisation in Germany, factsheet number 98213, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/98213.
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...
