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.
Octopus Energy, the British electricity and gas retailer, which specialises in ‘clean energy’, has announced plans to create 1,000 jobs in the UK by the end of 2021, doubling its current workforce. The jobs will be created in London, Brighton, Warwick, Leicester and in the company’s new technology centre in Manchester, and will be open to STEM graduates.
A statement by the company said it was planning to expand its cloud-based technology platform to make it easier and cheaper for people to use renewable energy in their homes.
Octopus was founded in 2016 and it is one of the fastest growing private firms in the UK, with operations in the UK, Germany, Australia and the US.
Eurofound (2020), Octopus Energy, Business expansion in United Kingdom, factsheet number 102259, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/102259.
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...
