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.
On 19th of March 2009 the ABB group announced offshoring of the robot production from Bryne to Shanghai, leading to a downsizing of 100 in Bryne in addition to a downsizing of 30 since the autumn 2008. Only development, sales and some service functions will be left in Bryne, giving jobs to 30-40 employees. ABB has around 100.000 employees worldwide, whereof 2000 in Norway. Robots from Bryne sprays around 1/5 of all cars and 8/10 of all pc's worldwide.
The financial crisis has lead to a severe drop in orders and sales, which in turn provoked the decision to move the production in order to cut costs. The union leader critizices the decision, saying to the media that ABB rather should have reduced activity until the crisis is over. He promises to fight for severance packages and to help the employees.
Eurofound (2009), ABB Robotics, Offshoring/Delocalisation in Norway, factsheet number 68525, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/68525.
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...
