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.
Luxury retail company Brown Thomas will employ 400 new staff in a new store in Dundrum, Dublin. The new 62,000 square foot store, which opened in late February 2022 following a €12 million investment and refit, will be used as the “launch pad” for a range of new services across the Brown Thomas group. At the launch of the new store, the Brown Thomas group said it has recruited 400 staff for the new site, including 220 full time roles. The recruitment started in October and staff were trained at its other outlets.
The group employs nearly 1,000 employees. Brown Thomas and Arnotts will soon be acquired by a Thai and Austrian joint venture as part of the €4.7 billion sale of the Selfridges Group.
Eurofound (2022), Brown Thomas, Business expansion in Ireland, factsheet number 106364, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106364.
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...
