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.
The institution for secondary vocational education ROC Leiden, has announced a staff reduction of 127 full-time equivalents, about a fifth of its current workforce. The reduction will affect both permanent and temporary staff, although it is not further specified whether it includes both teaching and non-teaching staff. As of April 2016, it is unknown when the job losses will be implemented by. Staff cuts have been deemed necessary because of receding student numbers following the cuts to study programmes and negative publicity after the institution nearly went bankrupt because of severe financial problems due to the construction of two large new buildings finished in 2011 and 2013, for which the original budget was exceeded by 400%. ROC Leiden nearly went bankrupt in the summer of 2014, but was 'saved' by a decision of the Minister of Education Jet Bussemaker to inject €40 million, taken from the national budget for secondary vocational education institutions. Negotiations with the unions and works council are currently underway and are expected to be concluded on 17 May 2016. ROC Leiden is currently in the process of merging with ID College, another institution for secondary vocational education in the Western region of the Netherlands with 13 locations, to be completed in 2018.
Eurofound (2016), ROC Leiden, Internal restructuring in Netherlands, factsheet number 87330, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/87330.
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...
