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 20 March 2013, the management of Veolia Water France has announced a restructuring plan with 1,500 job cuts in its water activities in France. The company has open negotiations with unions on a global agreement in order to adapt the structure of its jobs and its staff. Management stresses it would “avoid a forced departure”. The water division of Veolia is affected by the financial crisis that forced some municipalities and local authorities to renegotiate water service concession or to take over this activity on their own. The management has announced its intention to negotiate with employees’ representatives in the next three months to avoid direct dismissals.
Updated, 28-08-2014: Finally the social partners have signed a social plan in July 2014 that was approved by the ministry of Labour on 14 August. The plan affects 2,225 jobs: including 1,417 internal job transfers (that could end by dismissal if the offer is refused by employees) and 808 voluntary departures. If by mid-2015 social partners conclude that there are not enough volunteers, then the company would start to dismiss employees.
Eurofound (2013), Veolia Water France, Internal restructuring in France, factsheet number 75102, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/75102.
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...
