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.
Chantiers de l'Atlantique, primarily owned by the French government, is expanding its shipyard in Saint-Nazaire and will hire 500 new workers this year. An additional 300 employees are expected to be hired annually over the next decade. This new investment, estimated at 40 to 50 million euros, aims to meet growing demand in aircraft carrier manufacturing and includes the construction of new buildings. The new aircraft carriers is expected to be functional by 2038.This initiative follows Chantiers de l'Atlantique's recent 100-million-euro investment in renewable marine energy.
The company currently employs approximately 3,500 people. A previous business expansion was recorded on the ERM database in 2022, aiming to hire 400 workers Chantiers de l'Atlantique 2022 - FR.
Eurofound (2024), Chantiers de l'Atlantique, Business expansion in France, factsheet number 201867, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/201867.
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...
