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 French President Nicolas Sarkozy announced on 17 June 2008 the loss of 54,000 military and civilian defence jobs. Approximately 50 bases and defence facilities will be closed in early July. The restructuring will affect 24% of the workforce in the Air Force, 17% in the Army, and 11% in the Navy. The main objective of the government is to modernize the army without any additional expenditure and by using the savings generated by this large restructuring. The plan is to save EUR 2 billion each year from 2011 onwards. Besides, the government plans to spend EUR 160 million per year for the implementation of these cost-cutting measures, which correspond to about EUR 20,000 per person.
Eurofound (2008), Army/National security, Internal restructuring in France, factsheet number 66751, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/66751.
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...
