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.
1,200 employees have been dismissed from subsidiaries of the Budapest-based Rehabit Komplex Kft and from its sub-contractors in North East Hungary. The company, which manufactures office stationary, has 60 units all over Hungary and 95% of the employees are people with disabilities. There is no exact information about the details of and about the reasons behind the dismissals but the company issued a press release about dismissals in the company's unit in Southern Hungary in which they blame the decrease in the the government's financial support for companies employing people with disabilities.
Eurofound (2006), Rehabit Komplex, Internal restructuring in Hungary, factsheet number 63345, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/63345.
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...
