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.
Croatian Post (Hrvatska Posta - HP) is to cut 270 jobs.
With a total workforce of 9,650 people, HP employs 1,020 people less than in the mid of 2012. As reported, the state-owned company will implement futher job reductions aiming to rationalise its costs in response to the strong competition. More than a third of the redundancies involve administrative jobs and the cost-cutting plan envisages the use of severance pay.
According to media reports, the employees oppose the plan. Representatives of two trade unions and around 200 workers demonstrated on 21st November demanding the cancellation of the job cuts. The management refers to the need for cost optimisation in order to increase efficiency and argues that similar companies in the area of postal services in the EU and globally responded to the trend of continuous decline in revenue by downsizing.
Eurofound (2013), Hrvatska Posta (Croatian Post), Internal restructuring in Croatia, factsheet number 76217, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/76217.
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...
