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 Italian company Caf Italia, part of the Spanish group "Construcciones y auxiliar de ferrocarilles" active in the production and maintainance of railway rolling stock announced the beginning of a collective dismissal procedure for 233 workers.
The decision is connected to a judicial dispute concerning the assignment of a six year long contract for the maintenance of the high-speed trains Frecciarossa which Trenitalia awarded to Caf Italia in March 2019. The previous assignee, Hitachi, appealed the decision to the administrative court which revoked the assignment of the contract to Caf Italia and assigned it to Hitachi. In the meantime, Caf Italia hired 224 worker to carry out the contract. However, according to the company, the decision of the court produced the need to reduce personnel, which is now structurally redundant with respect to the changed organisational and production needs.
The dismissal plan will affect workers in the seats of Firenze, Foligno, Napoli Gianturco, Roma San Lorenzo, Torino e Milano Martesana.
Eurofound (2019), Caf Italia, Internal restructuring in Italy, factsheet number 98923, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/98923.
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...
