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.
Swedish manufacturer of domestic appliances, Electrolux, is closing its plant in Mariestad, Sweden. All 250 employees will be affected by the closure as the production moves to Hungary.
The move to Hungary will commence during third quarter of 2016. The plant in Mariestad mainly manufactures refrigerators.
The motivation behind the delocalisation is that the production cost per unit has become too high at the Mariestad site. Site manager said that production costs are approximately five times higher in Sweden compared to Hungary.
The President of the Swedish Metalworkers' Union (IF Metall) stated that the union had tried presenting different alternatives in negotiations with Electrolux and that he is very disappointed with the outcome.
Electrolux employs a total of 60,000 workers in over 150 countries. For previous cases of restructuring at Electrolux's Swedish sites, please see the following factsheets: 2012, 2010, 2009a, 2009b, 2008, 2006 and 2004.
Eurofound (2015), Electrolux, Offshoring/Delocalisation in Sweden, factsheet number 84607, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/84607.
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...
