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.
Tollpost Globe, owned by the Swedish postal company Posten AB, has announced that it is to reduce costs by NOK 160 Million in 2009 by cutting around 100 permanent jobs and 40 temporary jobs.
The downsizing will be implemented through the use of severance pay packages; the management and the union expect no need for direct dismissals. The union representatives stated that the process has been run smoothly and the union is satisfied with the decision of avoiding dismissals. The downsizing will start from 1st of December; no timeline has been given as to when these redundancies will be implemented by.
Eurofound (2008), Tollpost, Internal restructuring in Norway, factsheet number 67544, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/67544.
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...
