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.
Legal and General Insurance company has announced plans to relocate 150 jobs from its offices in Hove. The department which deals with general insurance will move to Birmingham in January 2018 and affected workers have been told they can choose to relocate, or otherwise they have the opportunity to apply for jobs in other departments at the Hove site, though there is no information about how many such vacancies currently exist. Reports suggest that staff were surprised by the news, given the apparent financial well being of the company. During the last years there has been strike action by the personnel against planned job cuts.
Eurofound (2017), Legal and General, Relocation in United Kingdom, factsheet number 92190, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/92190.
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...
