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.
Adminstrative / Support Services 82 - Office administrative, office support and other business support activities 82.1 - Office administrative and support activities 82.10 - Office administrative and support activities
New offshoring locations
India
300 jobs Number of planned job losses
Announcement Date
17 October 2022
Employment effect (start)
1 November 2022
Foreseen end date
30 June 2023
Description
Global Business Services Porto (GBS Porto) - from the Adidas group - will implement changes in its organisational structure, including the relocation of services to India. This restructuring process will lead to a collective dismissal of at least 300 workers. The changes will take place until the summer of 2023.
The company is located in the Science and Technology Park of Maia (TecMaia), Porto, since 2009.
Adidas state that is trying to find fair solutions for all workers, with the priority being a possible transfer to another position in Porto. Workers with open-ended contracts will be the first to be affected by the transfer of tasks from Portugal to India.
Deputies from the Portuguese Communist Party questioned the Government about the support that the company received and what counterparts were guaranteed to the State by the German sportswear company Adidas.
The company has not yet officially notified the Portuguese Authorities regarding its intention to job cuts.
Eurofound (2022), Global Business Services Porto, Offshoring/Delocalisation in Portugal, factsheet number 107655, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/107655.
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...