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.
Luxury menswear brand Cantarelli will not resume operations since the procedure for operating under provisional budget was negated by Arezzo' courthouse on 28 May 2018. The company had declared bankruptcy in 16 May. All employees will be collectively laid off at the end of the week.
The company discontinued its production in April 2018 after two and a half years of special administration.
Cantarelly employs 250 workers, which are currently suspended from work according to the procedures of the Italian insolvency law. Trade unions are working in order to ensure the best possible access to support instruments to the affected workers.
Eurofound (2018), Cantarelli, Bankruptcy in Italy, factsheet number 94188, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/94188.
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...
