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.
Irish fintech company Global Shares has announced that it will create about 500 new jobs worldwide by the end of 2024. The company is to expand its operations and increase employment across several locations around the world, including Ireland, USA, UK, Portugal, and Japan. The company wants to expand its offices in Clonakilty, Cork, Nashville, Miyazaki, Leeds, and Porto. The recruitment has already started.
Founded in 2005, Global Shares manages employee share plans for some of the world's most exciting startups, tech unicorns and enterprise brands. The company provides its services to over 100 companies worldwide, such as Saudi Aramco, L’Oréal, Krispy Kreme, Bosch, Bose, and Cargill. Currently, the company employs about 550 people in 17 locations around the world.
Previous business expansion was recorded on the ERM in 2021, with 200 job creations (Global Shares 2021 IE).
Eurofound (2022), Global Shares, Business expansion in World, factsheet number 106389, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106389.
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...
