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.
Clothing store American Apparel has announced that it will close 12 of its 13 UK stores with the loss of 150 jobs. The US based company which was placed into administration in November 2016 has been taken over by Gildan Activewear, a Canadian T-shirt manufacturer, though the buyer does not want to operate the company's 230 worldwide stores. At present 31 staff at the company's head office and remaining retail outlet in Camden, North London will be retained, though it is uncertain what will happen to these jobs over the longer term.
Eurofound (2016), American Apparel, Bankruptcy in United Kingdom, factsheet number 89705, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/89705.
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...
