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.
French manufacturer of small domestic appliances, SEB, which includes the German company WMF, has announced that it will stop production at its plants in Hayingen and Riedlingen (Baden‑Württemberg) as well as in Diez (Rhineland‑Palatinate). A total of 250 employees will be affected.
The shutdown of these production lines is part of a broader restructuring plan under which up to 2,100 jobs may be cut worldwide SEB 2026 - WO. In the German‑speaking region (Germany, Austria and Switzerland) up to 600 positions are expected to be eliminated.
The job reductions are intended to be carried out in a socially responsible manner through voluntary departures and natural attrition by the end of 2027. According to the company, the job cuts are necessary in order to reduce costs and maintain competitiveness. The company claims to move production to existing plans, for the brand "Silit" it may be moved to Asia.
SEB employs around 4,400 people in the German‑speaking region and approximately 30,000 employees worldwide.
Eurofound (2026), SEB, Closure in Germany, factsheet number 204339, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/204339.
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...
