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 telecom company Ericsson has announced a staff reduction of 1,200 employees in Sweden. This is due to a decrease in sales during 2023, and an expected continuation of a challenging market during 2024. The measure is part of the company's global initiative to improve its cost position, which includes headcount reductions of staff, streamlining of processes, and reducing the number of offices.
The company has initiated cooperation negotiations with trade unions, although the unions or union representatives within the company do not currently have information about what parts of the production will be affected.
The Swedish communications technology company Ericsson operates worldwide on all continents and has in total 105,000 employees. In Sweden, the company has about 14,500 employees.
In February 2023, Ericsson laid off 1,400 employees in Sweden: Ericsson 2023 - Sweden
Eurofound (2024), Ericsson, Internal restructuring in Sweden, factsheet number 200992, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/200992.
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...
