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.
Removal group Demeco announced in April the intention to recruit about 150 truck drivers on permanent contract. Only 25 drivers have been hired since the beginning of April. The company is struggling to fill the vacancies although the salary is higher that the minimum wage (between 1,900 and 2,000 euro). The company CEO has stressed that the positions should be filled quickly to cope with peak activities in the summer period.
The group increased its turnover from 70 to 90 million euro from 2103 to 2014 due to external growth opeations. It currently employs 1,000 employees in France and Spain.
Eurofound (2015), Demeco, Business expansion in France, factsheet number 83114, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/83114.
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...
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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...
