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.
In August 2005, French automobile producer Renault announced using its Novo Mesto-based company to produce its new car model coded X44. Start of the production and the employment of 700 workers have been delayed due to design modifications of the model and will be set in October 2005. Slovenian government subsidised the project launch with 40 million SIT.
In April 2006 Revoz abolished its night shift because of the decreasing demand for the model Clio on the European market which led to the loss of several hundred jobs. In summer 2006, the demand for Clio increased again and Revoz is planning to produce a new modernised type of the model Clio Storia. As a result, and due to the intensive preparations for the introduction of the new car X44 in the year 2007, Revoz decided to reintroduce the night shift in November 2006. This means that 400 new jobs were created to compensate the loss of jobs due to the abolishment of the night shift. The jobs will be for a fixed term of one year, but there is a possibility for the prolongation of contracts.
According to the announcement of 31 January 2007, in the beginning of May 2007 Revoz will reintroduce a full night shift which will result in additional 250 to 300 new jobs. The reason is high demand in the European market for the second generation of model Clio, as well as the ongoing preparation for the beginning of the production of the new car X44.
Eurofound (2005), Revoz, Business expansion in Slovenia, factsheet number 62327, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/62327.
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...
