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.
NIDEC GPM, a German automotive supplier in the manufacture of pumps and compressors, has announced that it will cut around 270 of the current 573 jobs at its Merbelsrod site (Thuringia) by 2028, mainly in production. The job cuts will affect almost half of the workforce.
The job cuts are due to a predicted 50% decline in sales, the transformation in the automotive industry and geopolitical influences such as US customs policy. The job cuts are to be carried out in a socially responsible manner - for example by not renewing temporary contracts, early retirement and, from 2026, through termination agreements.
NIDEC GPM has been part of the Japanese NIDEC Corporation (around 100,000 employees worldwide) since 2015 and has been manufacturing pumps in Merbelsrod since 1949.
Eurofound (2025), NIDEC GPM, Internal restructuring in Germany, factsheet number 203055, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/203055.
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...
