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.
The Foreign Press Distribution Agency, the principal distributor of foreign press in Greece, has suspended its operation with the loss of 120 jobs. According to various Greek media the Foreign Press Distribution Agency announced Wednesday May 28th 2014 the suspension of its operation after 29 years and asked the press stores owned by the company to proceed with liquidation of their assets. The reason for the bankruptcy is the agency’s debts to the IKA (state’s social security organization) and towards its suppliers worth nearly 0.75 million euros and 3.5 million euros respectively.
Eurofound (2014), Foreign Press Distribution Agency, Bankruptcy in Greece, factsheet number 77104, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/77104.
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...
