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.
Financial / Insurance/ Estate 64 - Financial service activities, except insurance and pension funding 64.1 - Monetary intermediation 64.19 - Other monetary intermediation
40 jobs Number of planned job creations
Announcement Date
21 July 2025
Employment effect (start)
21 July 2025
Foreseen end date
31 December 2025
Description
UK-based neobank Revolut, which specialises in digital banking and fintech services, has announced a recruitment campaign for its new headquarters in Paris. The company plans to create 400 new jobs in Western Europe, including 200 positions in France. 80 new recruitments are planned in the first year and all 400 people in place by 2029.
This initiative aims to establish France as a key operational centre, to reach 1,500 employees by 2029. As part of its Western Europe growth strategy, Revolut also stated that it is considering submitting a request for a banking license in France to strengthen its position within its new headquarters.
Eurofound (2025), Revolut, Business expansion in France, factsheet number 203537, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203537.
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...