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.
Rehau, an industrial group specialised in polymers, has announced 106 job cuts in its plant at Morhange (Moselle) where 390 people are employed. The plant produces polymers, among other things to make PVC windows. The company specifies that the job cuts concern both production positions and support services.
According to the management, the plant has to cope with structural losses for about nine years – independently of the COVID-19 crisis. Therefore, the reorganisation aims to restore the balance within two years. ‘To stop the deterioration of our results in this complex environment, we are forced to launch an industrial reorganisation’, confirms the president of Rehau France. The restructuring includes the relocation to Morhange of logistics activities which are currently located in Vaulx-en-Velin (Rhône) and with external service providers. This transfer to the head office will lead to the creation of 15 jobs, at the same time as the 106 jobs are cut.
The restructuring process will be spread out over a year or so, starting on 1 October 2020. In addition, an employment safeguard plan (PSE) will be implemented. Internal redeployment will be offered, as well as early retirement and retraining plans. According to the company, no redundancies are expected to take place before February 2021.
Eurofound (2020), Rehau Industrie, Internal restructuring in France, factsheet number 101881, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/101881.
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...
