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 French rolling stock maker multinational Alstom will create 200 new jobs at its work centres in Barcelona, Madrid, and the Basque Country by the end of 2021. This expansion plan aims to respond to the accelerating demand for sustainable mobility worldwide. Alstom's strategic plan envisages investing some €550 to €600 million per year in R&D.
About the employment expansion, around 100 jobs will be created at its industrial plant in Santa Perpètua de Mogoda (Barcelona), both in the production lines and in the engineering, logistics, and industrialization divisions. Around another 100 jobs will reinforce the activities of the Madrid, Getafe, and Pinto (Madrid Region) centres, specifically in the signalling and control division of railway safety systems, especially in engineering and project management. The company will also create new jobs at its centres in the Basque Country but has not provided further specific information.
Eurofound (2021), Alstom, Business expansion in Spain, factsheet number 105645, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/105645.
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...
