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.
Telent Technology Services, the British telecommunications and digital infrastructure company, has announced that it will create 250 jobs. The jobs include field surveyor, project manager and telecoms engineer roles. The business expansion is due to Telent securing a contract with Openreach to expand the ‘full fibre’ internet network across the UK, starting from January 2021.
A representative of Telent said the firm was happy to contribute to this critical infrastructure programme and added that the company would provide training to new recruits without experience of working in the telecommunications industry.
Telent provides communications and network services to clients including the London Ambulance Service and the Maritime and Coastguard Agency. The company has recently announced the creation of 350 jobs as a subcontractor of CityFibre.
Eurofound (2020), Telent, Business expansion in United Kingdom, factsheet number 102990, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/102990.
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...
