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.
Gateshead based specialist printers De La Rue have announced plans to cut 60 jobs. The company which prints banknotes and produces passports has confirmed that consultation is underway with unions and the employee council. The company currently employs 600 staff, so the cuts represent a ten per cent reduction in staff numbers. As yet no reasons have been given for the proposed cuts, other than the company saying that the proposals follow a review of manufacturing capacity. De La Rue did issue a profit warning earlier in 2015, with the operating profit for 2014/2015 expected to be 20 million GBP down on the previous year. The company has stated that the aim of the consultation is to minimise the number of compulsory redundancies. When the company undertook a restructuring at its site in Overton Hampshire, earlier in 2015, voluntary terms were offered to 40 staff.
Eurofound (2015), De La Rue, Internal restructuring in United Kingdom, factsheet number 79428, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/79428.
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...
