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.
As announced on 22 February 2023, the French aircraft manufacturer Airbus will be creating 3500 new jobs in Germany in 2023. Labour Director Mr. Wagner said that 1900 new employees are needed in commercial aircraft manufacturing, 1100 in military and aerospace aircraft manufacturing and 500 at the helicopter plant. Airbus is looking for electricians, mechanics, cabin outfitters, IT specialists, cybersecurity experts and developers of fuel cells and hybrid propulsion systems. Of the new hirings, 1300 will be located in Hamburg, 500 in Donauwörth, 500 in Manching, 300 in Ottobrunn, 250 in Nodenham, 130 in Friedrichshafen/Immenstadt, 100 in Bremen and 100 in Stade.
Airbus has currently 45,000 employees in Germany.
During 2022, a global restructuring plan was recorded for Airbus in the ERM database (Airbus-2022-WO).
Eurofound (2023), Airbus, Business expansion in Germany, factsheet number 108586, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/108586.
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...
