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.
US Automotive equipment supplier Inteva has announced a reorganisation affecting its two sites in France, with 131 job cuts out of a total workforce of 320. The Inteva group designs, builds, manufactures and assembles access control systems, door systems, roof systems and electronic and engine systems for the automotive industry.
To justify the redundancies, the group cites the consequences of ‘the permanent loss of a historic contract’ with Renault. At European level, around a hundred job cuts are envisaged in design offices and factories in Germany, the Czech Republic and Romania.
The Esson plant (Calvados) is the main site affected, with 110 job losses (out of a total workforce of 210). The plant is specialised in the design and manufacture of electric motors for window regulators and sunroofs, and is home to the Group's motor R&D centre.
Another site affected is Semoy (Centre-Val de Loire), where 21 jobs will be cut out of a workforce of around 40. Negotiations between the unions and management could make it possible to limit the number of forced dismissals through voluntary redundancies or retraining.
Two reorganisations have been already recorded in the ERM database, with 265 job cuts in 2020 Inteva-2020-FR and 73 job cuts in 2018 Inteva-2018-FR.
Eurofound (2024), Inteva France, Internal restructuring in France, factsheet number 201531, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/201531.
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...
