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.
French provider of processors SiPearl has announced that it will create 1,000 jobs in Europe by 2025. The business expansion involves several countries, starting with France and Germany.
Initially, the company plans to hire ten employees per month at its units in France and Germany, which specialises in digital semiconductor development, high-performance computing software, embedded security and encryption, and embedded Linux. SiPearl is committed to recruiting staff with diverse profiles, experiences, cultures and nationalities, notably looking to increase the number of women working in its profession.
Founded in January 2020, SiPearl operates in digital technology, AI and connected mobility as well as designs low-power microprocessor for the European exascale supercomputer. SiPearl is also a member of the Mont-Blans 2020 consortium to equip Europe with a dedicated modular and energy-efficient computing microprocessor. Currently, the company employs more than 30 staff in Europe.
Eurofound (2021), SiPearl, Business expansion in European Union, factsheet number 104930, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/104930.
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...
