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 Hut Group (THG), the British e-commerce company has announced that it will create 500 jobs in the North West region of England by the end of 2020. Most of the new jobs are in THG’s technology services division.
THG’s chief executive officer said that the uncertainty caused by the COVID-19 pandemic had created 'unprecedented opportunity' for the company, because businesses were increasingly focusing on selling their products directly to customers.
The Hut Group owns a number of beauty and wellness brands and provides e-commerce services to owners of other consumer brands, including Nestlé, Honda and Disney. The company has operations in Europe, North America and in the Asia Pacific, and employs over 8,000 people globally.
Eurofound (2020), The Hut Group, Business expansion in United Kingdom, factsheet number 102508, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/102508.
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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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...
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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...
