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.
ArcelorMittal, a global steel producer, has announced that it will relocate up to 1,400 jobs from Europe to India.
The company plans to relocate between 1,250 and 1,400 jobs in support functions such as marketing, commercial, HR, financial services, order management, supply chain, and IT services from Europe to India. The programme will affect entities in France, Poland, Belgium, Spain, Germany, Italy, and the UK.
Additionally, the company is to cut about 600 jobs at its production sites across France. AlcerolMittal 2025-FR
The restructuring programme is taking place amid a deepening crisis in the European steel industry, marked by a 20% drop in demand over five years and increasing steel imports. ArcelorMittal has also suspended its planned €1.8 billion decarbonization investment in Dunkerque, despite previously securing €850 million in state aid. Globally, the company is heavily investing in India and Brazil, shifting its strategic focus away from Europe.
AlcerolMittal employs over 125,000 people worldwide.
**Updated, 04/02/2026: ** On 29 January 2026, ArcelorMittal has launched a study examining its support functions across Europe, including up to 1,150 positions in Luxembourg and the potential relocation of as many as 5,600 support‑function jobs to India and Poland. The announcement has raised serious concerns among Luxembourg trade unions, who stressed that no decisions on redundancies or relocations have been made and that no social plan is currently under discussion.
Unions criticised the timing and political context, noting that the company is simultaneously requesting European support to shield the steel sector from unfair competition while considering shifting jobs outside Europe.
ArcelorMittal rejected claims of planned large‑scale relocations, clarifying that the figures reflect only the scope of the study, not confirmed actions. The company said the purpose is to assess which functions could theoretically be relocated, though many may ultimately remain in place.
Further details are expected at the next European Works Council meeting on 26 February.
Eurofound (2025), ArcelorMittal, Offshoring/Delocalisation in World, factsheet number 202726, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/202726.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
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...
