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 Anglo-Dutch multinational oil and gas company Royal Dutch Shell, commonly known as Shell, has announced that it will create 400 new positions at its Shell Business Operations (SBO) centre in the Kraków Special Economic Zone. Under the new investments in the SBO, two new teams will be formed. 250 positions are expected to be created in the business services team which will specialise in IT, data quality, reporting and analysis, communication and tax operations. Another 150 jobs will be created in the customer service, supplies, logistics, HR and IT operations.
The centre has been operating in Kraków since 2006. Currently, the centre employs about over 4,400 people responsible for conducting and supporting Shell’s global business operations in the areas of IT, finance, accounting, purchasing, customer service, human resources and others. The source reports that Shell invested over $400 million (€328.04 million) in 2012-2019 in the development of its Polish petrol station chain and the Kraków SBO centre.
Eurofound (2021), Shell, Business expansion in Poland, factsheet number 104768, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/104768.
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...
