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.
Kent's last potato packing plant says job losses are inevitable after a major supermarket chain announced plans to end its contract. St Nicholas Court Farms in Thanet said some of the 93 staff will have to go as Morrisons supermarkets has decided to pack its own potatoes. It comes less than a fortnight after a company in Romney said it was to close because it had been dropped by Tesco. Morrisons said it gave the plant plenty of notice ‘to adapt to the situation'. A total of 81 of the 108 workers at the Romney Marsh Potato Company, in New Romney, Kent, lost their jobs when the firm's packing division was closed two weeks ago. Kent NFU chairman Anthony Curwen said the impact of the closures would be felt throughout the production chain. ‘People don't realise how many jobs will be affected throughout the supply chain from lorry drivers to those making the packing materials.'
Eurofound (2005), St Nicholas Court Farms, Closure in United Kingdom, factsheet number 61246, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/61246.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
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...
