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.
Manufacturing (22 - 23) Manufacture of rubber, plastic and non-metallic minerals 22.2 - Manufacture of plastic products 22.2 - Manufacture of plastic products
45 jobs Number of planned job losses
Announcement Date
15 October 2019
Employment effect (start)
Foreseen end date
1 February 2020
Description
Plastic solutions manufacturing company Euroform announced its plans to dismiss 45 employees in the two production plants in Tranås, Småland. The company plans to finalise the restructuring event by 1 February 2020. The decision reportedly aims at increasing profitability. According to management, the company employs too many people in relation to production rates, which is expected to further decrease as a result of the trucking industry's decreased demand for plastic products.
Eurofound (2019), Euroform, Internal restructuring in Sweden, factsheet number 98894, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/98894.
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...