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.
Volvo Cars, a Swedish automotive manufacturer, has announced a global reduction of 2 500 jobs, including 2 000 positions in Sweden Volvo Cars 2026 - SE.
The cuts target employees across its worldwide operations, with the most significant impact reported within its domestic workforce. Volvo Cars attributes the decision to ongoing challenges within the automotive sector. The company points to weak sales in China, where quarterly sales fell by 50%, and also the impact of US tariffs. Volvo Cars also plans to reduce its number of factories worldwide, from seven to five. The restructuring is set to commence immediately following the announcement.
Previously, in May 2025, Volvo had another global layoff - with 3,000 redundancies - showing the difficult times that the company is going through Volvo Cars 2025 - WO .
Eurofound (2026), Volvo Cars, Internal restructuring in World, factsheet number 301369, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/301369.
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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...
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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...
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