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.
Supermarket group Morrisons is planning to close three distribution depots, with the potential loss of up to 2,500 jobs, the GMB union has said. The depots involved, in Kent, Bristol and Cheshire, were formerly owned by Safeway which Morrisons bought in 2003. The GMB said there had been no consultation between it and Morrisons about redeploying workers. Jude Brimble, national officer for the GMB, told the BBC: 'These are all long-serving Safeway employees in these depots - a couple of thousand workers.' The union has warned that Morrisons could face the biggest national strike in its history. In response,
Morrisons said it had already made it clear that a wide-reaching review of its depot operations was taking place. 'Since acquiring Safeway, we have sold over 180 stores and the reality is that we have more depot space and capacity than we need,' the supermarket group said in a statement. Morrisons said it was keeping its workers and unions fully informed and planned to hold further talks once the review was complete.
Eurofound (2005), Morrisons, Merger/Acquisition in United Kingdom, factsheet number 62223, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/62223.
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...
