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 management of car manufacturer Stellantis has announced the reduction of its workforce in France with the implementation of a plan for 2,600 voluntary departures by the end of 2023. The company informed the trade unions. Management is thus extending the previous departure plan, which ended at the end of March 2022 and that involved the departure of 1,380 employees. The reason behind the plan is to support the future technological transformations, i.e., the energy transition and the development of software. In return for the departures, the unions insist on hiring and expect they will represent half of the departures. According to the CFDT (French Democratic Confederation of Labour), the permanent workforce at Stellantis has fallen from 74,000 in 2007 to 40,000 in 2020 (45,000 according to management).
Eurofound (2022), Stellantis, Internal restructuring in France, factsheet number 106913, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/106913.
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...
