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 Lithuanian postal company Lietuvos pastas is to dismiss 380 employees by April 2021 in different regions of Lithuania. This decision was made after the opening of a new logistics centre in Vilnius. According to the management, the opening of the new logistics centre has made it possible to automate and centralise parcel distribution activities, while significantly reducing the need for manual labour. The company is about to finish the implementation of the smart parcel distribution program. For this reason, Lietuvos pastas will cut about 380 jobs.
The organisation reports that the decision on dismissals was agreed in advance with the company's employee representatives. The company will provide professional advice on job search issues to the dismissed employees. The support and consultations will be provided in cooperation with the Public Employment Services.
Lietuvos pastas is the largest Lithuanian postal company, employing around 4,281 people in the country. The company owns 63 "PayPost" divisions, 10 logistics centres and 260 LP Express self-service parcel terminals.
Eurofound (2021), Lietuvos pastas, Internal restructuring in Lithuania, factsheet number 103019, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/103019.
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...
