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.
Claire’s Accessories, a US-founded retail chain specialising in fashion jewellery and accessories, announced extensive store closures in Ireland, putting over 100 jobs at risk.
Dozens of staff have already been told their jobs are gone as of mid-March 2026, following the closure of several stores, including outlets at Dublin’s Stephen’s Green Shopping Centre, Blanchardstown, Liffey Valley, Dundrum, Waterford and Athlone. Staff were informed that the final day of trading at some stores was 14 March 2026 and that they would be laid off without pay, with formal redundancy notices only due in early April.
The US owned retailer is winding down its UK and Irish operations after rescue talks failed following bankruptcy, with closures affecting locations across the country. The retail chain has struggled with falling sales, debt, and declining footfall. The company currently has 14 stores across Ireland.
Eurofound (2026), Claire's Accessories, Bankruptcy in Ireland, factsheet number 204574, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/204574.
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...
