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 Italian BasicNet has ordered 139 Woolrich Europe employees to transfer from Bologna (109) and Milan (30) offices to Turin headquarters by March following its November acquisition of the American brand. Workers refusing relocation face treatment as voluntary resignations without unemployment benefit eligibility, prompting unions to characterize the operation as "collective dismissals disguised as transfers."
Employees issued a pointed letter to new ownership criticizing the immediate decision without consultation or evaluation of alternatives including remote work, mixed locations, minimal territorial presence, or personalized solutions. Workers expressed "profound concern and uncertainty," noting they supported the company through difficult periods, accepting workloads exceeding contractual obligations and foregoing bonuses "with responsibility and sense of trust."
Affected workers include pregnant women, parents recently returned from parental leave, protected category members, disabled persons, caregivers, and those with territorial roots.
Trade unions Filcams CGIL, Fisascat CISL, and Uiltucs declared mobilization and agitation state, demanding dialogue withdrawal of the "anomalous closure and transfer procedure," seeking shared alternative solutions safeguarding employment for 139 families. They criticized BasicNet's unilateral decision without preventive union involvement.
Eurofound (2025), Woolrich, Relocation in Italy, factsheet number 203845, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/203845.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
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...
