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.
Amazon is to hire 500 permanent staff in its three new offices in Timisoara (Timis County) and Iasi (Iasi County) by the end of 2021. The Timisoara office is planned to open in the second quarter of the year and will focus on developing the Amazon Devices line, which will include the Ring security devices. Timisoara will also develop and launch other innovative products and services.
The new Iasi offices will open by the end of the year and will be added to Amazon’s current campus. They will host the Retail Business Support department which will focus on product optimisation and supporting the sales partners and sales teams.
In 2017, Amazon hired 1,300 permanent staff in its development centres in Bucharest and Iasi, which are Amazon’s first R&D facilities in Eastern Europe. Since 2005, Amazon has invested €100 million in its Iasi centre.
Currently, Amazon Romania employs a total workforce of 2,500.
Eurofound (2021), Amazon Romania, Business expansion in Romania, factsheet number 103751, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/103751.
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...
