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.
Kyocera Solar Europe, a supplier of solar energy panels, is to cut the vast majority of its 275 staff. The production of solar energy components is in decline across the European continent. The situation is critical for the Japanese firm - which began operations in Kadan in 2005 - due to the supply pressure from overseas. The employer intends to provide assistance to redundant workers in searching for a new job. The workers will be given a chance to participate in the European project “Restart” organized by Employment Office. The region has one of the highest unemployment rates in the country (11,2% at the end of July 2014).
Eurofound (2014), Kyocera Solar Europe, Internal restructuring in Czechia, factsheet number 77638, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/77638.
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...
