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.
BW Offshore of Norway, a floating production unit provider, has decided to cut about 60 jobs at its subsidiary APL due to the weak order intake.
APL produces systems used on offshore units. It will cut about 60 out of 300 jobs by the end of September. All offices (Norway, Houston, Brazil and Scotland) will participate in the process. The reductions in capacity of the individual offices will depend on the expected future market and competencies.
BW Offshore is one of the world's leading FPSO contractors and a market leader within advanced offshore loading and production systems to the oil and gas industry. BW Offshore has a total of around 1,200 own employees while the number of employees within APL is around 300. APL is located in Arendal, a town on the southern coast of Norway. APL is responsible for the system development, design, engineering, fabrication and marketing/sales of all current systems. Marketing and business activities are run out of the main office in Arendal, a representative office in Paris and Rio de Janeiro and the subsidiary, APL Inc. in Houston, APL Asia Sdn Bhd in Kuala Lumpur and APL UK Ltd in Aberdeen.
Eurofound (2009), BW Offshore of Norway APL, Internal restructuring in Norway, factsheet number 69889, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/69889.
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...
