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 state company Holland Casino is to cut 280 jobs at its 14 locations in the Netherlands, around 10% of the total workforce.
Holland Casino suffered from the seven-months closure, as a result of the COVID-19 pandemic. The reorganization had already been announced in December 2020, but it was still unclear how many jobs would be lost.
Part of the 280 jobs that will be lost will be realized through natural employee turnover. In addition, some of the employees make use of a voluntary severance scheme. Even if, redundancies seem unavoidable.
The current lockdown is in place until at least 2 March 2011, but reopening at that date is highly unlikely. Even after reopening, the company anticipates lower turnovers in case the pandemic is followed by an economic recession.
Eurofound (2021), Holland Casino, Internal restructuring in Netherlands, factsheet number 103509, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/103509.
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...
