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.
SES global is a Luxembourg-based world-wide leader of satellite telecommunication and a network provider with a total of 70 satellites and more than 2000 employees.
Based in the village of Betzdorf and having already undergone several restructurings in the past, SES global announced in November 2024 the outsourcing of activities to India. The social plan concerns 80 Luxembourg-based employees of the 600 or so employed at Betzdorf. The two main representative trade unions OGBL and LCGB already underlined in a joint press release in October 2024 that they fear a loss of many jobs in Luxembourg.
Eurofound (2024), SES, Offshoring/Delocalisation in Luxembourg, factsheet number 201963, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/201963.
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...
