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.
The first Spanish chemical group Ercros has issued an Increased Efficiency Programme which will lead to 355 direct dismissals and the closure of several factories. The reasons given are the need for new integrated centres of production and the intention of Ercros to concentrate its efforts in three main lines of production. As a result of the programme, the factories in Sant Celoni (Barcelona) -54 direct dismissals- and Monzon (Huesca) -130 direct dismissals- will close, the latter in two steps. The factories in Silla and Catadau (Valencia) and Huelva (37 workers in total in the three) will also close, due to the company's plans to reduce its activity in agrochemical production. The factory in Huesca will remain open, but will stop some of its production lines and increase its activity in others. Ercros’ CEO has announced that 120 of the 355 planned dismissals will take place in 2007. The trade unions reject this programme and claim for an alternative plan.
Eurofound (2007), Ercros, Internal restructuring in Spain, factsheet number 65305, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/65305.
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...
