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.
Food-processing company Atria has started personnel negotiations. The overlapping operations of Atria Group's subsidiary Liha ja Säilyke Oy, its logistics company F-Logistiikka Oy and Atria Oy will be integrated and reorganised. Cooperation negotiations concerning the entire personnel in Forssa started on 31 July 2006. According to estimates 35 jobs will be lost by the end of 2007. The Forssa factory employs a total of 250 employees.
Sausage production will be transferred from Forssa to Nurmo during 2007. The production of all-meat products, cold cut products and convenience foods will continue at the Forssa production plant. Operations related to logistics, technical running, financial administration and personnel management will be integrated. Furthermore, sales and marketing operations will be also integrated. Atria will focus on developing its Forssan brand. The Forssan brand is the market leader in Finland in the salad product group, and it has also a strong position in the cold cut product group.
The integration of these operations is expected to improve cost-efficiency by nearly EUR 2 million per year. Liha ja Säilyke Oy was incorporated in to the Atria Group in 1999. Liha ja Säilyke Oy manufactures salads, convenience foods, pasties and meat products. In 2005 the company's turnover was EUR 41 million.
Eurofound (2006), Atria, Relocation in Finland, factsheet number 63868, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/63868.
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...
