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 16 November 2012, the management of Veolia Environnement confirmed a voluntary departure plan for 100 employees of its headquarters in Paris. The voluntary departure plan will be in effect as of January 2013 and it will mostly affect managers (90%). If the number of voluntary departures falls short of 100 by summer 2013, then the company will proceed with forced dismissals.
The French global company, which provides a full range of environmental services in the fields of water, waste management, energy and transportation, launched in August 2011 a major restructuring in order to reduce its debt from currently 15 billion euro to 12 billion. The cost saving measures included the sale of its passenger transport division Veolia Transdev to Caisse des Dépôts et Consignations last September.
Eurofound (2012), Veolia Environnement, Internal restructuring in France, factsheet number 74507, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/74507.
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,...
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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...
