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.
Saab Surveillance, the SAAB Group's business area for military radar systems, is under expansion and will hire 200 new employees during the year 2023 to its business facility in Gothenburg, Sweden.
The company is seeing and influx of large orders from European and North American NATO-countries as a result of the war in Ukraine. Saab's order intake was approximately SEK 17 billion (€1.5 billion) for the year's first quarter, which is more than double compared to the same period in 2022. The growth is especially strong in the business areas of Surveillance and Dynamics.
The company has increased its staff by 500 during the first quarter of 2023.
The company employs almost 19,600 people worldwide and operates in over 30 countries, according to the company's interim report.
Eurofound (2023), Saab Surveillance, Business expansion in Sweden, factsheet number 109176, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/109176.
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...
