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.
Nuova Pansac, one of the European leaders in plastics sector, is to cut 440 jobs by the end of May 2011. The new reorganisation plan announced by the company envisages the relocation of production in few sites, with the closure of the smaller plants: in particular, the plan provides for the closure of the plants located at Portogruaro (in the province of Venice), Zingonia (in the province of Bergamo), and Ravenna. Moreover, the administrative sites of Mantua and Milan should be closed too.
The trade unions harshly reacted to the company's decision, demanding the intervention of the national authorities in order to avoid all the plants' closures and the consequent job cuts.
Nuova Pansac produces a broad range of plastic products and it is leader in special films sector (alimentary films and hygienic-sanitary films). It has six plants, of which the most important is located at Mira, in the province of Venice. Totally, it has around 860 employees.
Eurofound (2010), Nuova Pansac, Internal restructuring in Italy, factsheet number 70532, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/70532.
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...
