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.
Ecco, a Danish footwear brand, announced the permanent shutdown of its Portuguese factory in São João de Ver, affecting 632 workers. The restructuring also involves the dismissal about 1,400 to 1,600 staff in Vietnam and 400 in Denmark.
The company cites an excess of global production capacity that far exceeds sales as the main reason for the closures, positioning this move within a broader international restructuring plan. The union representing the Portuguese employees expressed strong disapproval of the abruptness of the process, but no formal negotiations were reported.
Previously, in 2025, Ecco was mentioned in the ERM Events database for a layoff of 650 staff in Slovakia ECCO 2025 - SK
Eurofound (2026), Ecco, Internal restructuring in World, factsheet number 301372, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/301372.
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