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.
Nypro Hungary Műanyagtechnikai Kft. dismissed 800 of 900 workers at its Nagyigmánd location, which produces plastic parts for Nokia. The redundancies occurred because the company's contracts were not renewed. The company provided recommendations for employees to other companies and organised an employment fair.
The company's began operation in the country via a joint venture with Karsai Kft. in 2001. The production plant in Nagyigmánd was set up in 2003, and from 2004 it became fully owned by its US mother company. Nypro, headquartered in Clinton (USA), is an employee-owned plastics company founded in 1955
Eurofound (2008), Nypro Hungary Műanyagtechnikai, Internal restructuring in Hungary, factsheet number 69648, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/69648.
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...
