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.
On 12 October 2010, the Commercial court of Pau ordered the liquidation of Broussan Nettoyage (168 employees), a company that specialises in the cleaning of a fast-food restaurant network in the South-West region of France. The company, which employed mostly low-skilled women, is suspected to have failed to disclose payments to its workforce for normal working hours and over-time, to the social security and tax administrations. The company has also been suspected to have employed a number of workers from Romania illegally. The organisation responsible for recovering the social security payments, Urssaf, has asked Broussan Nettoyage to repay 1 million Euros, prompting the company to request an order of liquidation from the Court. According to the labour inspectorate (Inspection du travail), the company is also responsible for 'social dumping' within the sector by reducing its prices by 50 per cent.
Eurofound (2010), Broussan Nettoyage, Bankruptcy in France, factsheet number 71160, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/71160.
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...
