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.
Volvo Truck Corporation is the second largest producer of heavy trucks and transport solutions within the entire truck industry. Volvo Trucks supplies the haulage industry with complete transportation solutions. The job cuts at the units in Tuve and Umeå are due to a decreasing demand. The total number of job cuts represents four separate dismissals: the first dismissals took place in September 2008 (980 employees affected, see factsheet no 11727), the second one in October 2008 (400 employees affected, see factsheet no 11990) , then in January 2009 (1020 employees affected) and the most recent in April 2009 (655 employees affected).
Eurofound (2008), Volvo Trucks, Internal restructuring in Sweden, factsheet number 68967, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/68967.
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,...
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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...
