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.
Despite the recruitment drive scheduled for 2023, Lyon's public transport system (TCL) is still short of staff. Keolis, which manages TCL, is therefore launching a new campaign to recruit 500 employees in 2024, including drivers, maintenance staff, support staff, systems engineers and accountants. According to Keolis, however, these needs are more related to the development of the TCL network and the return of pre-covid ridership than to a real shortage of staff. Given the difficulties encountered in attracting applicants, particularly for driver posts, Keolis has decided to review its recruitment techniques. The first step in this process is to set up partnerships with Pôle Emploi and the Maison métropolitaine d'insertion pour l'emploi. Several announcements were already recorded in the ERM Database: 500 job creations in 2023 (Keolis.Lyon-2023-FR). Three former job creations have been recorded in June 2018 with 500 job creations (Keolis.Lyon-2018-FR), in April 2019 with 100 job creations (Keolis.Lyon-2019a-FR) and in September 2019, with 250 job creations (Keolis.Lyon-2019b-FR).
Eurofound (2024), Keolis Lyon, Business expansion in France, factsheet number 200689, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/200689.
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...
