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.
German car supplier Bosch will relocate its manufacturing of steering systems from Bremen to Hungary, which will cut 240 manufacturing jobs in Germany. The development unit of the plant, which has approximately 30 employees, shall stay in Bremen.
The initial plans were announced in October 2019, but according to the management, the relocation will take place in 2020. In late November 2019 management told the press that the timeline of the closure and the modalities of the job cuts will be further negotiated with the works council.
Eurofound (2019), Bosch, Offshoring/Delocalisation in Germany, factsheet number 99382, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/99382.
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...
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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...
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