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.
Dutch information technology services company Getronics said it will cut 1,400 jobs worldwide instead of the 1,000 to 1,200 it had previously announced. The revision in the number of job cuts was announced at an extraordinary shareholders meeting. Of the total 1,400 jobs to be cut, 550 will be in Italy, 600 in the Netherlands and 250 in other countries such as Spain, and in South America and the Middle East. The increase in job cuts comes as a result of a further scaling-down of overcapacity and the restructuring of Getronics' Dutch operations - where the merging of back office operations has led to more job cuts than first thought. Zijl wouldn't comment on the cost savings associated with the extra job cuts.
Eurofound (2003), Getronics, Internal restructuring in Netherlands, factsheet number 59817, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/59817.
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...
