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.
Blood technology company Fenwal is to cut by 338 jobs. As reported, negotiations on the employment safeguard plan have started on 7 November and will last for four months. According to the sources the job reduction measure is linked with a drop of demand in blood transfusion in Europe, as public health authorities from several countries currently refused to pay blood transfusion for simple operations. Prices also have decreased about 25pc in the last three years.
The firm announced its intention to support job creation in the affected area and open positions in other plants within the group. There is no union within the plant, only a works council. On 25 October, 7,000 persons (twice the resident of the town of La Châtre) have demonstrated against the decision that is seen as a disaster for the local economy (the plant is the third biggest private employer in the department of Indre). The plant belongs since 2012 to the German medical equipment company Fresenius-Kabi.
Eurofound (2014), Fenwal, Internal restructuring in France, factsheet number 77831, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/77831.
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...
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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...
