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.
Berloni, one of the main Italian producers of furnishing products for the house, is to cut 166 jobs in its five Italian plants. According to the company, the reorganisation plan and the job cuts are due to the fall in sales and to the negative effects on the furnishing market caused by the recent economic crisis. In order to cushion these negative effects the company and the trade unions reached an agreement at the end of 2010 on the recourse to the job-security agreement for two years. The new restructuring plan provides for the recourse to a two-year extraordinary Wage Guarantee Fund scheme. At the end of this period, the mobility procedures will start for 166 workers. The trade unions were surprised by the new company's decision and they expressed intention to find alternative solutions in order to avoid the job-cuts. Berloni has around 400 employees in its five plants.
Updated, 26-09-2014: On 25 September 2014, trade unions and Berloni signed an agreement that will lead to the collective dismissal of about 140 employees of the company. Redundant workers will benefit mobility allowance. The company has gone bankrupt but a NewCo, Berloni Group, owned by Berloni family and the transnational company Hcg, is expected to acquire, by the next October, the kitchen production business unit, hiring the remaining 100 workers.
Eurofound (2011), Berloni, Bankruptcy in Italy, factsheet number 71991, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/71991.
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...
