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.
Ouest Bedding Hotelys, a French manufacturer of mattresses and box springs for the hotel industry, relocated its spring production from Croatia to its premises in Fougères (Ille-et-Vilaine) in 2022. The move aimed to reduce carbon footprint by minimizing transportation and bring back know-how to France. In the past, spring production was already on site before being relocated to Croatia. The Adova group, owner of Ouest Bedding Hotelys since 2016, invested 1.2 million euros between 2021 and 2022 to replace obsolete machines in Fougères and facilitate the relocation. The company increased its focus on Corporate Social Responsibility (CSR) and sustainability, favoring natural materials and launching mattresses made from recycled and recyclable materials. Around 110 people work at the Fougères factory, including 90 on permanent contracts. Since 2018, the workforce has increased by 30%.
Eurofound (2022), Ouest Bedding Hotelys, Reshoring in France, factsheet number 287, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/287.
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...
