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.
Telekom Slovenije, based in Ljubljana (Osrednjeslovenska region), the largest telecommunication company in Slovenia, also operates through its subsidiaries on the markets of South-Eastern Europe in Kosovo, Macedonia, Bosnia and Herzegovina, Croatia, Montenegro and Germany. Its activities include fixed and mobile communications services, digital content and services, multimedia services and digital advertising, system integration and cloud computing services, construction and maintenance of telecommunications networks, and conservation of natural and cultural heritage in the Sečovlje Saltpans Regional Park.
The company announced that it will cut 800 jobs by the end of 2018. On 21 July 2015, the company's management and trade union signed an agreement on the reduction of 230 jobs by the end of this year. Dismissal criteria are annual evaluations of employees in the last year. The management has invited older workers, two years before fulfilling the retirement requirements, and others, to voluntarily leave the job. Volunteers are offered a double severance pay. The remaining redundant workers will be selected among those with the worst annual evaluations in the year 2014.
The company, which is currently state owned, is about to be privatised. Sale negotiations of the company to Cinven have been interrupted, but they will most certainly restart in autumn.
Eurofound (2015), Telekom Slovenije, Internal restructuring in Slovenia, factsheet number 84376, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/84376.
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...
