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.
The UK Government has announced that a new laboratory processing Covid-19 tests will open in Leamington Spa in the West Midlands in early 2021, creating 1,500-2,000 jobs. The National Health Service (NHS) Test and Trace service has already started the recruitment drive for laboratory technicians, data scientists and bioscientists. According to the announcement, another laboratory will also open at an unconfirmed site in Scotland later in 2021, taking the total number of new jobs to 4,000.
The Health Secretary said the UK was building a ‘significant diagnostics industry’ to be better able to respond to potential future epidemics.
The NHS Test and Trace service was established in May 2020. It is an outsourced service provided to the National Health Service in England, to track and help prevent the spread of COVID-19. The new Covid-19 laboratory in Leamington Spa is in addition to the network of seven Lighthouse Labs across the UK, including those operated by Perkin Elmer.
Eurofound (2020), NHS Test and Trace, Business expansion in United Kingdom, factsheet number 102952, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/102952.
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...
