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 US-owned e-commerce company Amazon has announced it will create 55,000 new jobs worldwide in the coming months. The company is to recruit for corporate and technology roles at its units around the world. The source reports that over 40,000 jobs will be created in the United States and 2,500 in the UK, while others will be in Germany, India, Japan and other locations.
In the UK, Amazon is to hire new employees at its offices in London and Manchester as well as at its technology hubs in Cambridge and Edinburgh. Amazon is to strength its operations in retail, the cloud, advertising, engineering, research science and robotics. The recruitment drive will be part of Amazon’s careers day scheduled for 15 September 2021.
Founded in 1994, Amazon, the world’s largest e-commerce company, currently employs over 1,275,000 employees worldwide.
Eurofound (2021), Amazon, Business expansion in World, factsheet number 105194, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/105194.
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...
