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.
Low-cost airline Ryanair is to recruit 150 new employees based at the Ryanair Labs headquarters in Swords, Dublin. The airline is beginning the recruitment of these jobs with a recruitment campaign open evening on 1 December 2022. The new roles are technical roles including software development, business intelligence, security, infrastructure and operations, project planning and delivery, and quality assurance engineers. The airline said these new hires will help the company to deliver "cutting edge projects" as Ryanair hopes to grow to carry 225 million passengers by 2026.
During 2022, previous business expansions have been recorded in the ERM datatbase. See the company's expansion in Ireland of 2,000 employees (Ryanair-2022-IE), including 200 new jobs in Shannon, County Clare (Ryanair-2022a-IE) and 150 new employees at Dublin airport (Ryanair-2022b-IE). In the same year, Ryanair has also expanded airport staff by 600 in Austria (Ryanair-2022-AT) as well as by 600 in Wroclaw airport (Ryanair-2022-PL) and 400 new roles at Krakow airport (Ryanair-2022a-PL), Poland.
Eurofound (2022), Ryanair, Business expansion in Ireland, factsheet number 107934, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/107934.
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...
