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.
(10 - 33) Manufacturing (29 - 30) Manufacture for transport equipment 30.3 - Manufacture of air and spacecraft and related machinery 30.3 - Manufacture of air and spacecraft and related machinery
500 jobs Number of planned job losses
Announcement Date
22 July 2021
Employment effect (start)
22 July 2021
Foreseen end date
31 December 2023
Description
Italian aerospace company Leonardo reached an agreement with the trade unions for an early retirement plan involving up to 500 workers of its aerospace division. Eligible candidates must meet the requirements for early retirement within the period 2021-2023.
This agreement is part of the measures through which trade unions and the company are managing the reduction in production volumes of the aerospace division, connected with the general crisis of the aviation sector due to the COVID-19 pandemic.
Eurofound (2021), Leonardo, Internal restructuring in Italy, factsheet number 105169, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/105169.
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...