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.
Finnish research institute Terveyden ja hyvinvoinnin laitos (THL) has announced redundancies of 100 employees of which 44 will be dismissals. THL started negotiations with employee representatives on the cuts in November 2013. As announced, the restructuring is due to cuts in state funding.
As reported, further job reduction measures in the coming years are not ruled out.
Eurofound (2014), Terveyden ja hyvinvoinnin laitos, Internal restructuring in Finland, factsheet number 76439, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/76439.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
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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...
