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 Swedish pulp and paper manufacturer Billerud has announced that it will have to reduce their workforce by 350 workers globally. These layoffs will primarily affect papermills in Frövi (Örebro), Kalix (Norrbotten), Grums (Värmland), Gävle (Gävleborg), Skärblacka (Östergötland). An estimated 238 workers will be let go in Sweden. Layoffs will also affect the papermill in Pietarsaari, Finland. According to Billerud, this is to increase efficiency and increase market competitivity.
Billerud currently employees around 2,000 people in Sweden, and 6,000 globally.
According to local union representatives at both the mill in Frövi and Kalix, it is unclear if the layoffs will primarily affect millworkers or corporate workers. They are, however, worried since this is the third restructuring in the past three years. Cooperation negotiations will start in the shift between October and November.
Eurofound (2023), Billerud, Internal restructuring in Sweden, factsheet number 200443, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/200443.
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...
