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.
Nidec, a Japanese manufacturer of electrical and mechatronic components for the automotive market, announced the shutdown of its production plant in Bietigheim-Bissingen, Baden-Württemberg. The closure will eliminate 116 production jobs by the end of 2027, while approximately 84 administrative employees will relocate to Stuttgart.
The company cites the loss of a major customer from 2027 onwards as the main reason for the end to production. The decision also reflects an economic restructuring prompted by evolving market conditions and cost pressures within the automotive components sector.
The layoffs amount to 116 jobs, all in the production unit in Bietigheim-Bissingen. The relocation of 84 administrative functions to Stuttgart remains internal and has already been organised.
IG Metall and the works council are actively engaged, demanding transparent explanations of the financial rationale and exploring alternatives.
Nidec, part of a global group with roughly 104,000 employees worldwide, faces the challenge of balancing efficiency with social responsibility as it moves forward with this closure.
Eurofound (2026), Nidec, Closure in Germany, factsheet number 301263, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/301263.
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,...
