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.
GlaxoSmithKline, a global pharmaceutical group, has announced its plans to cut 1,184 of its 2,000 jobs at its plant in Evreux, Haute-Normandie in northern France.
In February 2009, the group has announced that it will make 798 employees redundant at its plant in Evreux, Haute-Normandie. The redundancies represent 40% of the workforce (2000 approx). 96 of the redundancies will come from the research unit, which is to be closed.
In October 2009, the CEO has announced the cuts of 434 additional jobs. This is part of a global cost-cutting programme. The group announced that it intended to save €1.9 million between now and 2011.
Eurofound (2009), Glaxo Smith Kline, Internal restructuring in France, factsheet number 68529, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/68529.
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...
