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.
ExxonMobil, a US-based multinational in the oil and gas sector, has announced the reduction of approximately 140 jobs in the Netherlands, with the majority of job losses expected in Rotterdam. The restructuring is part of a broader global downsizing plan affecting 2,000 jobs, with 1,200 job losses concentrated in Europe, including 600 layoffs. The announced job cuts in the Netherlands are primarily linked to the company’s effort to centralise operations closer to major production sites and to close smaller offices.
Eurofound (2025), ExxonMobil, Internal restructuring in Netherlands, factsheet number 203414, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/203414.
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...
