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.
The management of the regional hospital of Nancy (Centre hospitalier Régional de Nancy) has announced a cost-saving plan that will result in 598 job cus and the elimination of 174 beds by 2024. The objective is to convince the State to support the reorganisation of the property, which would lead to savings. This would allow it to refocus its activities on 2 sites, instead of 7. The Centre's accounts show a deficit of almost €10 million. The State will say in the autumn whether this plan seems sufficient to continue to support the regional hospital establishment.
The unions oppose this reorganisation. According to the CFDT, this proposal is exaggerated, especially since there is no guarantee that the State will finally contribute financially to this reorganisation. The CFDT points out that 500 jobs and 200 beds have already been cut but the State, so far, has not decided on supporting the restructuring of the property, which is essential to save the establishment.
Eurofound (2019), Centre hospitalier Régional de Nancy, Internal restructuring in France, factsheet number 98175, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/98175.
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...
