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.
Bergen Group will dismiss 54 employees and temporarily lay off 170 employees at its shipyard at Fosen. The shipyard failed to get sufficient funding for two upcoming projects, and has no new building contracts until the third quarter of the year. The need for dismissals was announced at the end of April, while the exact number of dismissals and temporary lay-offs were announced on May 20th. The company's management describes the situation as terribly difficult, but both the company and union representatives express hope that the problems are temporary and that the lay-offs will only last a few months.
Eurofound (2014), Bergen Group Fosen, Internal restructuring in Norway, factsheet number 77059, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/77059.
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...
