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.
Rio Tinto, an Australian mining company, is to make redundant 680 employees across various sites in France. The redundancies are part of a European-wide restructuring involving 1,500 job cuts. The company announced its restructuring plan this week following a meeting with a European Work's Council. " These measurements, although difficult, are essential to make it possible for Rio Tinto to face the difficulties of the sector and to remain competitivie", explained Hugo Bagué, HR Director of the group. Rio Tinto Alcan has additionally announced 1,100 job cuts worldwide.
Eurofound (2009), Rio Tinto, Internal restructuring in France, factsheet number 68255, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/68255.
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...
