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.
Bathroom and kitchen manufacturer American Standard is to make 250 redundancies across its European operations. Gilliane Palmer, spokeswoman for American Standard, said the job cuts were down to rising raw material costs, increased competition and the need for the business to remain competitive.
She said: 'The loss of these jobs is a difficult choice to make, and we will do all we can to ease the transition for everyone involved. We don’t make these kinds of plans easily, particularly when the livelihoods of our people are affected.'
The Ideal Standard plant in Wolverhampton, UK will lose 106 jobs, but the group's Armitage Shanks division will gain around 30 jobs in Rugeley, UK and will be the base for distribution and product development
Eurofound (2007), American Standard, Internal restructuring in European Union, factsheet number 64934, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/64934.
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...
