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.
On 11 January 2018, local transport company GTT (Gruppo Trasporto Torinese), partly owned by the Piedmont region and the Municipality of Turin, announced its new industrial plan, which is excpected to save the company from bankruptcy. The plan envisages a significant worforce reduction in a four-year period through the retirement of 500 employees and 260 dismissals. The decision was confirmed by the company on 2 May 2018. In the meantime the trade unions stated that the plan is 'inadmissible' and organised a strike on 8 May to protest against the decision.
Eurofound (2018), GTT (Gruppo Torinese Trasporti), Internal restructuring in Italy, factsheet number 94284, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/94284.
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...
