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.
One-LUX is a British company that designs, assembles and supplies LED lighting control solutions. Increasing sale volumes indicate that the company should reach its target of £5 million turnover in 2016, in part due to a plan to reshore the manufacture of two new products to the UK with help from the Business Growth Service. Glynnis Murray, who founded One-LUX in 2008, said: “We’ve always designed our products in-house but previously offshored high volume lines to the Far East to ensure we remained competitive against our rivals. “However, in the last year we had noticed a desire from our customers to buy British made products and this, when combined with demand for shorter lead times, made us consider exploring manufacturing closer to home. "Working with the Business Growth Service’s Manufacturing Advisory Service (MAS), we mapped out our supply chain requirement and then got signposted to a number of firms who could meet our requirements. “We were pleasantly surprised at how competitive local suppliers were and, combined with the greater control we now have over lead times and quality, is going to be a major bonus as the demand for OMNI-LED and UNITY-LED will be significant. “The Business Growth Service understood our business and where we wanted to go, providing advice, guidance and funding support exactly when it mattered.” “Our decision to place production with a UK sub-contract manufacturer has already created five jobs there, with more to come.” One-LUX currently employs 25 people at its facility in Aldridge, which was recently doubled to 10,000 sq ft to increase its assembly capabilities. Mr Bahra (consultant at Business Growth Service) added: “This is a true reshoring success story and has the potential to create a lot more than the five jobs it has already generated.
Eurofound (2015), One-Lux, Reshoring in United Kingdom, factsheet number 222, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/222.
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...
