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 American multinational e-commerce company Amazon has announced that the construction of its second distribution centre in the Czech Republic has been completed. Full operation in the logistics centre, located in Kojetín (Přerov region), is planned for 2023. The centre will employ up to 2,000 permanent workers; Amazon has started the recruitment campaign. The new logistics centre will be equipped with special robotic elements. It is assumed that this state-of-the-art logistics complex will help Amazon in its further expansion in the e-commerce sector, positioning it well for strategic logistic advantage. For the region, the centre is considered beneficial due to the large number of new job opportunities.
Amazon's first distribution centre in the Czech Republic, located in Dobrovíz near Prague, has been operating since 2015. In October 2022, a production plant was launched in Panattoni Park Chomutov, with Amazon announcing the recruitment of 200 new employees to work in the Plant.
Previous business expansions were recorded in the ERM database earlier this year, with the announcement of 200 new jobs created in April 2021 (Amazon-2022-CZ), and 600 jobs created in April 2020 (Amazon-2020-CZ).
Eurofound (2022), Amazon, Business expansion in Czechia, factsheet number 107507, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/107507.
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...
