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.
As a result of personnel negotiations, Spar Finland will give notice to 217 employees and close down 29 food retail shops. The personnel negotiations concerned all 1,020 employees of the group.
Of those dismissed the majority are store employees, only seven work in the corporate headquarters. Most of the older employees will start the so-called unemployment pension tube.
During the six weeks of negotiations, the number of dismissals diminished. Most of the Spar personnel were re-employed at regional retail co-operatives, especially in the HOK-Elanto, which is growing its network in the Helsinki region, and in the retail co-operative Hämeenmaa. The employees of bigger Eurospar shops in these areas were taken on as old employees.
Spar Finland is going to close down 29 Spar shops, of which four are Eurospars. The Eurospar shops to be closed are in Kemi, Kempele, Rovaniemi and Lahti.
The locations of the Spar shops in the Helsinki region:
Vantaa: Hakunila
Helsinki: Jakomäki,
Malminkartano
Mellunmäki
Pohjois-Haaga
Albertinkatu
Maunula, Suursuo
Espoo: Suvela
The other Spar retail shops to be closed are situated in different parts of the country. Spars will close in Kello in Haukiputaa, Kiiminki, Mänttä, Ii, Muhos, Sodankylä, Loppi, Varkaus, Pieksämäki, Karkkila, Joutsa, Viitasaari, Haapajärvi, Nivala, Hyrynsalmi, Lappeenranta and Parainen.
Eurofound (2006), Spar, Internal restructuring in Finland, factsheet number 63244, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/63244.
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...
