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 Fiat group, one of the main European car manufacturers, is to create 300 new jobs at its sites located at Torino and Pomigliano d’Arco (in the province of Naples). In particular, the company will hire 300 new engineers, physicians and mathematicians in order to strengthen its Engineering and Design division. The new 300 employees will be hired by the end of June 2009. The hiring is included in the 2007-2010 business expansion plan, aiming to strengthening the industrial and commercial structure of the group. The Fiat Group is the largest industrial enterprise in Italy and one of the main worldwide car-makers. It develops and produces engines, components and means of transport for all forms of mobility for people and goods: from cars to trucks, to agricultural tractors, marine engines, aeronautical engines and space launchers. Since 2003, Fiat redefined its core business area by focusing its manufacturing and service activities on the automotive sector. Fiat Group Automobiles has around 50,000 employees in the world, and around 30,000 are employed in Italy.
Eurofound (2008), Fiat, Business expansion in Italy, factsheet number 66535, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/66535.
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...
