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.
Finnish cybersecurity company specializing in consumer security and privacy products F-Secure has announced that it will cut about 60 jobs worldwide.
Around 360 employees are within the scope of the collective consultation process, which covers most of F-Secure's sales, marketing, services and technology operations. The layoffs will affect about 60 positions globally, including up to 37 jobs in Finland. The negotiations may also lead to changes in teams and roles. In addition, around 45 new roles will become available if the planned changes are implemented. The planned measures are expected to generate annual cost savings of around €4 million.
Founded in 1988, F-Secure operates in over 100 countries and protects 30 million subscribers worldwide through partnerships with 200 service providers, retailers, and other partners. The company has offices in Denmark, Finland, France, Germany, India, Italy, Japan, Malaysia, Netherlands, Norway, Poland, Sweden, the UK and the United States employs about 530 people globally.
Eurofound (2024), F-Secure , Internal restructuring in World, factsheet number 201979, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/201979.
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...
