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.
Unions are seeking urgent talks with French car maker Peugeot after it announced it would cut 850 jobs at its Ryton plant, near Coventry. The firm blamed increasing competition in the small car sector for a fall in sales of its 206 model. Trade unions have vowed to oppose compulsory redundancies at Ryton, which employs about 2,800 workers.
In April 2005, when the first redundancies occurred there was some positive signs as unions representing workers at the plant said that there had been interest from other companies in employing those who have been made redundant.
Jim O'Boyle, from the Transport and General workers Union, was confident they could find new jobs as a job fair at Peugeot demonstrated that there were something like 1,400 jobs available. 'Companies like Aston Martin, Toyota, Nissan and the manufacturing and service sector were there, expressing a lot of interest in the workers'.
Eurofound (2005), Peugeot, Internal restructuring in United Kingdom, factsheet number 61288, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/61288.
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...
