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.
Amadeus, the European leader in technological reservation management for the tourism industry, has announced the recruitment of 800 employees over the next two years, mainly at its research and development centres in Sophia Antipolis and Villeneuve-Loubet (80% of the hires) and Paris (20%). After the COVID-19 crisis has heavily affected the air transport sector, the Spanish group Amadeus plans to create around 400 jobs in 2022 and expects to create as many in 2023. Amadeus is mainly looking for software developers engineers, devOps, principal engineers, and quality assurance (QA) managers. Job creation was announced during the 'Choose France' summit organised by the French Presidency to attract foreign investors.
Amadeus currently employs 4,200 people.
After 160 job reductions in 2006 (FR-Amadeus-2006), several job creation announcements were recorded in the ERM database in 2012 with 400 job creations (FR-Amadeus-2012), in 2014 with 200 job creations (FR-Amadeus-2014) , in 2017 with 250 job creations (FR-Amadeus-2017), in 2018 with 500 job creations (FR-Amadeus-2018) and in 2019 with 250 job creations (FR-Amadeus-2019). In 2020, the group has announced 1,800 job cuts in total including several hundred in France.
Eurofound (2022), Amadeus, Business expansion in France, factsheet number 107095, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/107095.