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.
News International announcement that it would abandon its Wapping print site and spend £600 million on three new facilities. The new plants will be in Enfield, north London, Glasgow, and Knowsley, close to Liverpool. The move is also expected to result in the cutting of two-thirds of News International's production staff, or about 700 jobs, in the next four to five years. Many of the job cuts, which are not expected to come for two years, are expected to occur through natural wastage. The company said it would continue to house its editorial and commercial staff at Wapping, the site of a huge union dispute in the mid-1980's, but would shut its printing facility there in four years. The move was partly motivated by the huge increase in demand for colour advertising. The 22 new presses will allow the UK's biggest newspaper group to produce 120 pages of full colour pages in all sections, seven days a week.
Eurofound (2004), News International, Relocation in United Kingdom, factsheet number 60644, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/60644.
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...
