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.
EEW Special Pipe Constructions, a German manufacturer of components for offshore wind turbines, announced roughly 100 job cuts at its Rostock Überseehafen production plant in Mecklenburg-Vorpommern. The layoffs are expected to be completed by the end of 2026.
The decision was made because the company expects a limited utilization of its capacity up to and including 2028. This limited utilization is driven by a steep decline in offshore wind turbine orders, with no new projects awarded on German coasts in 2026. Moreover, wind farm expansions that have already been approved are also stalling due to rising costs. The company also faces intense competition from chinese suppliers, as preformed steel parts can enter the EU duty-free.
The cut will only affect the production unit at the Rostock port site.
There are currently around 1,000 employees working at the site in Rostock.100 employees are expected to leave the company by the end of 2026.
Eurofound (2026), EEW, Internal restructuring in Germany, factsheet number 301247, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/301247.
While large-scale redundancies at major manufacturers dominate the headlines, the true impact of this restructuring is being felt most acutely within the wider supply chain. This article examines the uneven distribution of job losses, the growing geographical shifts in production,...
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,...
