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 restaurant chain Five Guys has announced that it will open a new restaurant at Disneyland Paris in 2017. The announcement was made in an interview with Five Guys’ Head of Operations Maxime Lestringant on the French site meltyStyle.fr, where Lestringant confirmed: “at the beginning of 2017 we will also open a Five Guys at Disney Village.” The restaurant will employ 100 people. During the summer of 2016, Five Guys has opened a restaurant in Paris, in the area of Bercy, but the number of people employed at this unit is currently unknown. Another restaurant will be opening on the "Champs Elyséees" in Paris by the end of 2016 with 150 employees, while another restaurant opening is also expected near the Gare du Nord in Paris in 2017. Five Guys has 1,350 restaurants worldwide (1,300 in the United States) and employs 40,000 people. The group expects to open 40 new restaurants over the next three years.
Eurofound (2016), Five Guys, Business expansion in France, factsheet number 88739, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/88739.
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...
