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 24 October 2010, Riga international airport have informed the Airport workers trade union about its plans to dismiss 200 workers on 1 January 2011. The planned dismissals include mainly blue-collar workers (loaders, dockers, luggage operators). The contract made between AirBaltic and Riga International Airport on ground handling services expired on 31 December 2009 and was not extended, instead the airport signed contract with the North Hub Services. North Hub Services indirectly belongs to Bertolt Flick, the president of AirBaltic, the main airline operating in Riga International airport. The airport stated that AirBaltic provided 70% of affected blue-collar workers, and thus redundancies are unavoidable. In the same time Airport suggested the new contractor North Hub services to hire the dismissed workers, as they are already trained for the role and know the job. North Hub services admit that they could recruite redundant workers, however, there is no information on whether they did hire the ex-Airbaltic handling staff.
Eurofound (2010), Riga International airport, Outsourcing in Latvia, factsheet number 71618, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/71618.
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...
