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.
Schaeffler Production CZ, automotive parts producer, has opened a new manufacturing site in the city of Svitavy, where up 1,000 new jobs will be created by 2020. After the recent opening, the first 269 recruitments are currently working there. The plant's production focuses on heat management modules for the automotive industry. This device helps reduce fuel consumption and CO2 emissions. The products will be used for the expected boom in the production of electric cars in the next decade. The investment reached almost EUR 100 million. The company is mostly looking for assembly workers, adjusters, technologists, tool-makers and electricians. Globally, the German manufacturer of rolling element bearings for automotive, aerospace and industrial purposes operates in 50 countries with about 86,000 staff.
Eurofound (2017), Schaeffler Production CZ, Business expansion in Czechia, factsheet number 92337, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/92337.
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...
