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 Spanish subsidiary of PwC, one of the world's top four consulting and professional services companies, expects to end the year 2021 with a total of 1,400 new employees. The main activities for these new workers are auditing, consulting, legal and tax advice, and financial transactions. Knowledge in analytical skills and technological innovation will be highly valued for junior positions. For senior positions, knowledge and experience in digital transformation, cybersecurity, data analytics, automation and robotisation of processes, artificial intelligence and machine learning will be valued. PwC currently has almost 5,000 employees working in the company's 20 offices in Spain.
The British consultancy firm has also announced that it plans to create 100,000 new jobs worldwide within the next five years. Assuming constant pace of recruitment, we could expect the creation of 20,000 per year. So far, the company has announced business expansions in France, Poland, South Africa, Spain, the UK, and the United States.
Eurofound (2021), PwC, Business expansion in Spain, factsheet number 105302, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/105302.
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...
