Bank restructuring: disruptors versus incumbents
While high-street banks reacted to the COVID-19 pandemic by accelerating the push to digitalisation and cutting jobs,...
Restructuring
18 Νοέμβριος 2021
Restructuring is a term used to describe a wide range of activities which lead to the reorganisation of an enterprise. Restructuring can have serious consequences for the workforce as far as levels of employment and terms and conditions of employment offered to workers are concerned.
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COVID-19 crisis led to doubling of EU restructuring job loss in first six months of 2020
The COVID-19 crisis has led to a doubling of restructuring job loss in the first half of 2020 compared to the rolling...
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EU context
TopThe EU institutions jointly proclaimed the European Pillar of Social Rights in November 2017, the principles of which are structured around three categories: equal opportunities and access to the labour market; fair working conditions; and social protection and inclusion.Read more
The EU institutions jointly proclaimed the European Pillar of Social Rights in November 2017, the principles of which are structured around three categories: equal opportunities and access to the labour market; fair working conditions; and social protection and inclusion. In the area of social dialogue and involvement of workers, the Pillar highlights that workers or their representatives have the right to be informed and consulted in good time on matters relevant to them, in particular on the transfer, restructuring and merger of undertakings and on collective redundancies.
- European Commission: The European Pillar of Social Rights in 20 principles
- Topic: European Pillar of Social Rights
European Industrial Relations Dictionary
Research
TopRestructuring at regional level
Read moreRestructuring at regional level
Eurofound’s European Jobs Monitor (EJM) monitors structural change in European labour markets, analysing where jobs are being lost and where they are being created. It analyses shifts in the employment structure in terms of occupation and sector, both at Member State and regional level. Recent analysis takes the region rather than the Member States as the main unit of analysis. It shows that a growth of within-country inequality often has a strong regional dimension and places a focus on regionally unbalanced growth.
Complementing this research, since 2002 the European Restructuring Monitor (ERM) has been monitoring the employment impact of large-scale restructuring events in Europe. Restructuring events include company reorganisation, outsourcing, business closure, downsizing or expansion, mergers & acquisitions, relocation, offshoring and reshoring. The ERM also examines the impact on working conditions.
- Database: Restructuring events database
- Publication: Effects of restructuring at regional level and approaches to dealing with the consequences
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Publications & data
TopThe sections below provide access to a range of publications, data and ongoing work on this topic.
- Publications (382)
- Ongoing work
Publications
Eurofound publications come in a variety of formats, including reports, policy briefs, blogs, articles and presentations.
COVID-19 crisis led to doubling of EU restructuring job loss in first six months of 2020
News 11 Νοέμβριος 2020Ongoing work
Research continues in this topic on a variety of themes, which are outlined below with links to forthcoming titles.
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