European Globalization Adjustment Fund (EGF)
The European Globalization Adjustment Fund (EGF) is an EU fund designed to support workers who have been given notice or laid off due to major restructuring.

In the event of corporate restructuring
Companies undergoing restructuring may request support from the EGF for employees who have been given notice. The aim is to provide those affected with opportunities to develop and acquire new skills to avoid layoffs and facilitate a smooth transition to new employment within the same or another company.
The EGF is intended to complement existing national measures and collective agreements and covers 60 percent of the costs. The main requirement for applying is that at least 200 people have been laid off from a company.
European Globalization Adjustment Fund (EGF) for Displaced workers (europa.eu)
The Application Process
In the event of large-scale restructuring
The EGF can be used in the event of large-scale restructuring, regardless of the cause, such as digitalization, automation, the transition to a low-carbon economy, or other major changes.
The general rule is that the EGF provides assistance when more than 200 workers are laid off at a single company or across multiple small businesses in different sectors.
In cases of large-scale restructuring and layoffs, the government decides whether to apply for funding from the EGF. In these cases, Arbetsförmedlingen receives a government decision to submit the application, implement, and manage the project.
Ongoing projects
EGF Northvolt is an EU project aimed at helping laid-off workers from Northvolt and its subcontractors in Skellefteå, Västerås, and Stockholm by providing rapid interventions that contribute to finding new jobs.
