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.
Yahoo! is to make 52 of its 251 employees (20% of its workforce) redundant at both its plants in France at Paris and Grenoble. The restructuring measures are part of a 'plan to safeguard jobs' for the rest of the employees. The redundancies are part of a cost cutting plan announced last October, to save $400 million. The principal workers involved will be engineers.
The company had already laid off 140 employees last November, when they sold their subsidiary Kelkoo, a price comparison internet company (for information only - these figures not included in this factsheet).
Eurofound (2009), Yahoo! France, Internal restructuring in France, factsheet number 68324, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/68324.
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...
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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...
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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...
