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.
Photowatt, a company specialised on photovoltaics, announced on 19 January 2007 its plans to enlarge a factory called 'Photovoltaïque' in the east of France (Bourgoin Jallieu, Isère).
Photowatt currently employs 500 people at the site and will create 1,400 additional jobs between January 2008 and December 2009 in Bourgouin Jaillieu.
The company has invested more than 125 million USD since 2002 into Spheral Solar, a joint venture of Photowatt with another company, but has yet to see any revenue from the business. Spheral Solar, which employs about 90 people in Cambridge, is developing technology for flexible solar panels that may be used in places not suitable for rigid, rectangular panels.
Eurofound (2007), Photowatt, Business expansion in France, factsheet number 64795, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/64795.
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...
