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.
Jastrzębska Spółka Węglowa (JSW), a coal mining company, has announced that it will cut 615 jobs in Jastrzębie III unit in early January 2022. According to a restructuring programme, the 615 workers, along with the non-productive assets of the company’s subsidiary Jastrzębie III, will be transferred to Spółka Restrukturyzacji Kopalń (Mine Restructuring Company): it manages the process of liquidation of unprofitable mining companies. Jastrzębie III is to be closed by Spółka Restrukturyzacji Kopalń, and the employees will be covered by protective measures. Redundant workers will receive one-time severance pay in the amount of PLN 120,000 (€25,934).
JSW also revealed that 1,804 miners (three times more than anticipated) applied for the programme involving pre-retirement leaves and other measures. The programme is to be implemented under the so-called mining law containing protective measures aiming at increasing financial effectiveness in Poland’s coal-mining industry. Currently, Jastrzębska Spółka Węglowa employs about 22,000 people.
Eurofound (2021), Jastrzębska Spółka Węglowa, Outsourcing in Poland, factsheet number 105604, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/105604.
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...
