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.
The Kutno Local Goverment Hospital announced its plan to dismiss 119 workers. The redundancies will involve 79 jobs which will be lost by the end of 2010 and additional 40 people will be left to go in early 2011. On 1 December 2010 the Hospital underwent the process of ownership conversion - the Hospital became a non-public institution managed by the Kutno County. The core reason behind the change of ownership was initiated by the critical financial situation of the hospital in 2010 as the institution had over 77 million PLN debts (over 19 million Euros).
Eurofound (2010), Kutno Local Goverment Hospital, Internal restructuring in Poland, factsheet number 71363, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/71363.
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...
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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...
