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.
MEGATECH Industries Jablonec, a subsidiary of the Italian company SAPA, has announced the layoff of 124 employees in connection with the closure of its plant in Jablonec nad Nisou. Among the professions affected by the layoffs, the largest share consists of operators, handlers – warehouse workers, and quality technicians.
Megatech produces plastic parts that are used in the manufacturing of vehicles. The plant closure is reflects the economic downturn of the automotive sector in Europe and is expected to be completed by the end of 2026.
The information comes from a statement by the local employment office, which was notified of the mass layoffs and is seeking solutions to assist affected employees. The local employment office also mentioned the possibility to offer departing employees a comprehensive transition package featuring counselling, retraining, and job placement assistance to help them secure new employment before their current contracts end.
Eurofound (2026), Megatech Industries, Closure in Czechia, factsheet number 300492, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/300492.
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...
