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.
French aircraft manufacturer Airbus Group SE has announced to hire 6,000 people worldwide by the end of June 2022. The aim of the recruitment is to restore the workforce to pre-pandemic levels, so that they can work on long-term projects such as digital transformation and decarbonization.
1,500 new jobs will be created in France (Airbus-2022-FR), 750 in Spain (Airbus-2022-ES), 1,500 in Germany (Airbus Deutschland-2022-DE).
Airbus designs, manufactures, and delivers aerospace products and services to its customers. Currently, it employs 130,000 people worldwide and operates in Europe, in the U.S., in Africa, in the Middle East, and in Asia.
In 2020, Airbus announced a worldwide restructuring plan to cope with the COVID-19 crisis, with 14,900 job cuts (Airbus-2020-WO).
Eurofound (2022), Airbus, Business expansion in World, factsheet number 106616, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106616.
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...
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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...
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