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.
Hewlett Packard is to cut 968 posts in Britain as part of a plan to reduce its global headcount by 14,500, about 10% of its workforce. The firm said it was still too early to identify which locations in Britain would be affected. The company has sites in London, Birmingham, Reading, Bristol, Bracknell, Warrington and Glasgow. A spokeswoman said the company is in the process of consulting with staff and that it was not yet clear how many of the redundancies would be compulsory. The company said the job losses would be aimed at support functions such as human resources, information technology and finance. Sales and production jobs are less likely to be hit. Earlier in September, the company said it would be laying off 5,900 people in Europe, the Middle East and Africa. French union leaders yesterday called for a one-day strike to protest over the 1,240 job losses planned in France.
Eurofound (2005), Hewlett-Packard, Internal restructuring in United Kingdom, factsheet number 62226, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/62226.
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...
