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 Intuis group, which is specialised in the manufacture of heat pumps and thermodynamic water heaters, has announced that it will be recruiting around a hundred employees by 2024 at its site in Feuquières-en-Vimeu (Somme).
In 2022, the company announced that it would be investing in an extension to its site and invested €25 million to expand its site, which now has 45,000 m2 of operating space. New buildings have been constructed, as well as storage areas. The group plans to produce 100,000 heat pumps and 200,000 thermodynamic water heaters a year from 2027. The Group is following the ambitions set out by the French President, who has set a target of producing one million heat pumps a year in France from 2027. Intuis currently manufactures fewer than 10,000 heat pumps and around 35,000 thermodynamic water heaters a year.
The company employs more than 1,200 people at six plants in Hauts-de-France, Grand-Est and Pays de la Loire.
Eurofound (2023), Intuis, Business expansion in France, factsheet number 200449, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/200449.
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...
