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 US-based social media platform Meta has announced that it will cut about 3,600 positions worldwide.
The restructuring programme will affect employees across various regions, including the United States, Europe, Asia and Africa. So far, employees in the United States and Ireland have been informed of the redundancy plans. The Irish government is in contact with the company regarding the potential impact on its local workforce.
The sources report that employees in Germany, France, Italy, and the Netherlands are exempt from immediate redundancies due to local labor regulations.
The cuts are part of a broader effort to streamline operations. The latest global restructuring from Meta dates back to 2023, with 10,000 job cuts: Meta
Meta employs about 72,000 people worldwide.
Eurofound (2025), Meta, Internal restructuring in World, factsheet number 202533, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/202533.
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...
