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.
Sonae MC is a Portuguese company that produces kitchen appliances. The company has decided to backshore the production of its thermomix (Yammi) from China to Portugal. The appliance competes in world markets with the most famous "Bimby" from Vorwerk. In order to accomplish the initiative, a new plant has been created, which cost 4 mln € and created 41 new jobs. Moreover, 44 national suppliers in outsourcing have been involved. The plant has been built in the course of one year with the aim to increase quality, design and innovation in order to gain leadership in the market. 14.000 units should be available to customers within 2016. Sonae expects that 65% of production should be sold in foreign markets. 50.000 units are expected to be produced in the next year. Sales should double from the current 10 mln€.
Eurofound (2016), Sonae MC, Reshoring in Portugal, factsheet number 160, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/160.
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...
