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.
Major Polish media group Agora has announced that it will cut 135 jobs by the end of 2016. The restructuring programme is associated with the group’s plan to cease the publication of Metrocafe.pl, the free daily newspaper. The move is a response to the current condition of the printed press sector, including the process of digitalisation of the media market. The programme aims to reduce employment costs in the press segment. The strategy of the group also envisages a decrease of revenue generated from advertising in daily newspapers. At the same time, Agora expects to continue to increase its income from selling subscription to online version of its titles.
Agora, publisher of ‘Gazeta Wyborcza’ and owner of an internet portal, has been operating since 1989. The group is one of the largest media companies in Poland.
Update 6/12/2016: Agora has announced that it will cut in total 190 jobs via collective dismissal programme by the end of 2016.
Eurofound (2016), Agora, Internal restructuring in Poland, factsheet number 88856, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/88856.
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...
