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.
Electrolux, the Swedish multinational renowned for its household appliances, has initiated a collective dismissal procedure that impacts 168 of its staff and managers across several Italian locations. This move comes in response to the company grappling with notable declines in production volumes amidst a European market downturn.
The affected facilities include Susegana with 34 layoffs, Porcia seeing 73 departures, Pordenone with 13, Forlì at 38, Cerreto Ancona losing 5, and Solaro Milan also with 5 redundancies. This decision was formally communicated to an array of stakeholders, including the Ministry of Labour, regional authorities in Veneto, Friuli Venezia Giulia, Lombardy, Emilia Romagna, and Marche, the Labour Inspectorate, as well as national and local workers' organizations and Confindustria associations.
Eurofound (2024), Electrolux, Internal restructuring in Italy, factsheet number 200796, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/200796.
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...
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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...
