New European aid for workers at risk of dismissal due to business restructuring
20 May 2026Effective: 20 May 2026211 views
Who is affected:
Workers at risk of collective dismissal, companies undergoing restructuring and EU Member States
Summary
The EU expands the European Globalisation Adjustment Fund to help workers before dismissal occurs in restructuring companies.
Detailed analysis
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This Regulation amends the FEG (European Globalisation Adjustment Fund) to allow preventive interventions before dismissals materialize in companies undergoing restructuring. Until now, the fund only acted after dismissals occurred; it can now be activated in the face of imminent dismissals. Companies in restructuring …
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