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.
Key plastics announced the loss of 220 jobs affecting its 3 factories in Portugal: Gândara dos Olivais, Barosa and one in Vendas Novas.
Key Plastics Portugal (KPP), a Key Automotive Group company, is a global enterprise that provides a full range of engineering, program management and production services to the automotive industry. This decision was justified by the need to adjust the capacity to declining demand.
The Co-ordinator of the trade unit SINQUIFA - Sindicato dos Trabalhadores a Química, Farmaceutica, Petróleo e Gás do Centro, Sul e Ilhas (chemical, pharmaceutical, oil and gas Workers Union) in Leiria expressed his concern about the situation and confirmed that temporary agent workers and other non-permanent workers are among those who were dismissed.
KPP general-director has raised the possibility of re-integrating these 220 workers after the end of the first quarter of 2009 in the event that the production of a German automobile component company which has declared bankruptcy is transferred to Portugal.
Eurofound (2008), Key Plastics, Internal restructuring in Portugal, factsheet number 67725, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/67725.
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...
