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.
Societatea Nationala de Radiocomunicatii (SNR) is one of the main providers of networks and electronic communications services in Romania and at the same time leader on broadcasting market.
On July 2006, according to the institution budget rectification announced for 2006 and approved by Government Decision, SNR announced the intention to invest approximately RON 208.7 million (EUR 59.6 million) this year. The number of employees of the company was planned to decrease from 2,365 in present to 1,250 by the end of 2006. Because the investment plan was not performed the redundancy process was temperated. On 22 August 2007 the Managing Board of the company announced the intention to dismiss 356 employees (15.27% from total of 2,330) by the end of 2007. The employees wil receive a total amount of redundancy payments of approximately EUR 3.3 million. The decision has the agreement of the trade unions.
Eurofound (2006), Societatea Nationala de Radiocomunicatii, Internal restructuring in Romania, factsheet number 63837, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/63837.
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...
