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.
Finish plastic pipe and well manufacturer Uponor Infra is concentrating its production to the factory in Nastola, resulting in 90 new jobs. 170 jobs will be cut at the factory in Vaasa as a part of the relocation. The aim of the restructuring is to concentrate production to Nastola, thereby achieving profitable growth, greater agility and cost reduction. Production was relocated to Vaasa from Forassa a couple of years ago and the union representative does not think that relocating the production once more is a solution to the companies problems.
Uponor infra has initiated employer-employee negotiations every autumn since the company was created in 2013. For Uponor as a whole employer-employee negotiations concerning 450 jobs in Europe have been initiated.
Update 3/2/2016:Following concluded employer-employee negotiations 30 new jobs will be created at Uponor Infra's factory in Nastola. Only 93 jobs will be cut at the factory in Vaasa, which is why less new positions than expected will be created in Nastola. An additional 10 jobs will also be created in Tuusula.
Eurofound (2015), Uponor Infra, Relocation in Finland, factsheet number 86000, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/86000.
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...
