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.
German book retail chain Weltbild plans to shortly cut 50 out of 400 jobs in Augsburg. The company wants to focus more towards digitising its sales channels as the majority of the company's turnover already comes from its online platform. It also said that a lot of its investment goes towards marketing, including television advertisements in the run up to Christmas.
In November 2014 Weltbild already announced its plan to cut 200 jobs. A total of 100 employees were dismissed before Christmas 2014 and the remaining 100 employees by February 2015. Weltbild is a German publisher and media retailer based in Augsburg. Currently, around 1,300 employees are working for Weltbild in Germany of which 400 work at the company's headquarter in Augsburg.
Eurofound (2015), Weltbild, Internal restructuring in Germany, factsheet number 85732, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/85732.
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...
