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.
Panasonic AVC Networks Czech, s.r.o., is a subsidiary of the global corporation Matsushita Electric Industrial — one of the leading producers of electric and electronic products globally known for its Panasonic brand. The successful Japanese expansion to the Czech Republic started in 1996 with the construction of a manufacturing plant in Borské pole, industrial zone of the city of Plzeň. In February 2005 the company, which is one of the largest employers in Plzeň with more than 2000 workers, had announced an increase of staff by 700 people by the end of August 2005. On 11 April 2006, Panasonic announced that it would hire up to 3,000 new employees for new assembly shops by the end of 2007. The company, which pays employees an average monthly wage of 14,000 CZK, is looking for qualified workers and also for thousands of new flats.
Panasonic AVC Networks Czech is the only significant producer of high quality Panasonic televisions in Europe and exports its products mainly to Western Europe, i.e. Germany, UK, Spain, Italy and France.
Eurofound (2006), Panasonic AVC Networks Czech, Business expansion in Czechia, factsheet number 61164, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/61164.
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...
