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.
Stryker, an American medical equipment company, is cutting between 51 and 62 jobs at its Montbonnot-Saint-Martin site, which employs 450 workers. This reduction is part of a three-year recovery plan aimed at improving competitiveness. The site, formerly known as Tornier before being acquired by Stryker in 2021, has struggled to meet the company’s performance expectations despite a €25 million investment to expand its workspace.
Trade unions and the work council have criticized the lack of dialogue with management, expressing concerns over internal competition between Stryker’s different sites. For instance, several machines were given to facilities in Ireland and the United States instead of in France.
Several large restructurings have been recorded for Stryker in the ERM database, the first in 2022 Stryker 2022 - IE, then in 2021 Stryker Corporation 2021 - PL, and in 2011 Stryker 2011 - IE.
Eurofound (2025), Stryker, Internal restructuring in France, factsheet number 202515, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/202515.
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...
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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...
