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.
Peg Perego, a manufacturer of children’s toys and other products for infants, is to cut 155 jobs at its Arcore site. The job losses were set out in a re-organization plan announced by the firm on September 12th 2007, and are to be implemented by the end of October 2007. Peg Perego employs 638 at its Arcore site. Management at the firm attribute the decision to the need to remain globally competitive in the face of the recent appreciation of the euro against the dollar and the yen.
Trade unions at the Arcore site have reacted to the announcement by calling a series of strikes. The unions are demanding meetings with firm management in order to discuss ways to avoid the redundancies envisaged by the firm’s restructuring plan. Peg Perego is an Italian multi-national group that operates several sites in Italy and others in Brazil, Canada, and the U.S.
Eurofound (2007), Peg Perego, Internal restructuring in Italy, factsheet number 65869, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/65869.
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...
