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.
Italian meat processing company Fiorucci announced the intention to dismiss 106 out of 497 employees at the plant in Pomezia. The company blamed the redundancies on the ongoing economic crisis and increasing competition. According to the industrial plan, some activities could also be outsourced.
The job cuts will occur mainly in handling operations (75), but also in production units (16), logistics (8) and among staff involved in other manual tasks (7). The company also plans to externalize some of its production processes.
Negotiations with the unions will start soon. They propose an alternative plan to safeguard competitiveness while avoiding dismissals. The climate is already quite tense as meetings are ongoing following an announcement made by the company last year to discontinue the company level collective agreement.
A previous wave of collective dismissals at the plant was announced in 2013 (see FiorucciIT-2013).
Update, 21/03/2017: After negotiations, trade unions and the management concluded an agreement to avoid lay-offs. It provides for the activation of short-time working arrangements, so-called solidarity contracts, to last until 31 December 2019, and also a three-year investment plan at the plant of Pomezia.
Eurofound (2017), Fiorucci, Internal restructuring in Italy, factsheet number 89747, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/89747.
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...
