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.
GGP Sweden, manufacturer of lawn mowers in Sweden, has announced they will let go of 175 employees as the current production is moved to GGP’s facilities in Campigo, Italy. The reason for centralising the production is failing profitability, overcapacity and weakening market demand.
All of the production will be moved to the Italian site, which is currently working at half capacity. The Swedish sales office, the central warehouse for the Nordic market and other services, with 66 employees, will remain in Tranås.
Local union chairman Mikael Stenquist states that the decision will have a negative impact on the region, which is already under pressure from a current surge in redundancies. The advanced age of many of GGP’s employees means that they will have a hard time finding new jobs, it is reported.
GGP Sweden is a subsidiary of GGP group, manufacturer of lawn mowers and powered garden equipment. Earlier employment adjustments by GGP Sweden are covered in fact sheet 444.
As of December 2012 there is no information about when the delocalisation will begin or when it will be implemented by.
Eurofound (2012), GGP Sweden, Offshoring/Delocalisation in Sweden, factsheet number 74627, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/74627.
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...
