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 bus operator Nobina is going to dismiss 255 bus drivers in Skåne, Southern Sweden due to the effects of the COVID-19 pandemic.
According to the company, the notifications of dismissals have been already sent, and they will take effect in August. Nobina reports that these job cuts are needed since Skånetrafiken, the regional public transportation authority, has decided to cut down the number of bus lines operated by the company due to the drop in the passenger volumes.
More in detail, Skånetrafiken specifies that the number of passengers has decreased by 50% between March and June 2020. Despite the regional authority will receive financial support from the State, it argues that the amount of the aid will only cover the losses of 3-4 months, therefore there is the need to cut some lines.
Representatives of trade union Kommunal argues that the decision of Skånetrafiken to cut down the bus lines is irresponsible since it might lead to more crowded buses. Employees' representatives of Nobina criticise Skånetrafiken’s decision by arguing that bus drivers are an occupational group that has been exposed to the risk of getting ill throughout the peak of the COVID-19 pandemic and it is therefore offensive that some of these workers will now also lose their jobs.
Nobina is one of the most significant bus transport groups in the Nordic region, operating in Denmark, Finland, Norway and Sweden.
Eurofound (2020), Nobina, Internal restructuring in Sweden, factsheet number 100921, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/100921.
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...
