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 Danish restaurant chain Jensens Bøfhus announced that it will dismiss 250 of its 700 employees due to the coronavirus crisis. The reason for the restructuring is that the restaurant chain and the union 3F have a dispute. According to Danish law, companies involved in a lockout or strike cannot obtain funds from the government's job emergency package, when they have an unsolved conflict.
On 23 March 2020 Jensens Bøfhus locked out all members of 3F, who are employed at the restaurant. The reason for the conflict is that the restaurant wanted to decrease the hourly wage by DKK 20 (€2,7 as at 24 April 2020) while it also cancelled the collective agreement with 3F. Consequently, the union disagreed and declared a conflict with restaurant's management. If the restaurant had postponed the lockout it would have been eligible for receiving DKK 30,000 (€4,023) for each employee sent home on stand by the end of the quarantine measures.
Eurofound (2020), Jensens Bøfhus, Internal restructuring in Denmark, factsheet number 100367, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/100367.
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...
The more employee monitoring resembles surveillance – with its systematic, continuous and detailed tracking of employees' activities, behaviours or communications – the greater the potential for infringement of both privacy and data protection rights. Although the EU General Data Protection...
Since 2013, Eurofound's ERM database on restructuring-related legislation has been documenting regulatory developments in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change. The most recent update to the...
