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.
PerkinElmer, the US-based global diagnostics company has announced that in partnership with the UK Department of Health and Social Care (DHSC) it is opening COVID-19 testing laboratories in Newport, Wales and Loughborough, Leicestershire, creating 200 and 400 laboratory jobs respectively.
The new labs will process COVID-19 tests as part of the UK government’s National Testing Programme. The Newport Lab has been established with Life Sciences Hub Wales, while the Loughborough site is set up with Charnwood Campus, that is part of the Loughborough and Leicester Enterprise Zone, set up by local universities and councils.
The Managing Director for PerkinElmer UK and Ireland said the company brings 'decades of experience' in screening and genomics programmes to the Lighthouse Lab network.
Led by the Department for Health and Social Care, a series of public-private partnerships has established seven Lighthouse Labs across the country: in Milton Keynes, Alderley Park and Cambridge in England; Glasgow in Scotland; Newport in Wales and Antrim in Northern Ireland.
Eurofound (2020), Perkin Elmer, Business expansion in United Kingdom, factsheet number 102005, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/102005.
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,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
