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.
US-headquartered medical medtech company Medtronic is to hire 200 new research and development professioanals at its plant in Galway. The company currently employs 4,000 people across five sites in Ireland. The new jobs will be in new product development and global laboratory services. There will also be jobs available in the areas of chemical analysis and biocompatibility to support the global laboratory services team. There will be roles across all levels, from graduate-level to senior. Just over half of the R&D roles have been filled to date.
Newly recruited employees will be provided with flexible working arrangements, however they will be expected to be available to come onsite in Galway when necessary.
Eurofound (2022), Medtronic, Business expansion in Ireland, factsheet number 107233, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/107233.
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...
