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 specialist in alarms connected to a remote surveillance service Verisure has announced the recruitment of 150 employees by 2024, achieving its goal of creating 500 jobs in Angers. The company already employs 350 people there. The reason behind the recruitment is to support the company's growth. Its CEO explains that 'the turnover of the remote surveillance market has doubled in the space of 12 years. We are recording annual growth of 16%, while the sector as a whole is growing at 8%'.
Two former announcements were recorded in the ERM Database with 150 job creations in November 2020 (Verisure-2020-FR) and 100 job creations in January 2020 (Verisure-2020-FR).
Eurofound (2022), Verisure, Business expansion in France, factsheet number 107052, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/107052.
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...
