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.
The Swedish video game company King has announced that it plans to cut 200 jobs worldwide.
In Sweden, 96 positions at the company headquarters in Stockholm are affected King 2025-SE . Negotiations with employee representatives are ongoing.
King has invested heavily in AI, developing an AI tool assisting in the level design of games. After a merger with the AI company Peltarion in 2022. The planned lay-offs are targeting the team working with level design, who have previously been developing the AI tool. Officially, the company cites organizational efficiency and reducing duplication. However, sources suggest that AI tools are replacing roles, especially in level design teams.
According to the representative of the trade union Unionen, approximately 80 employees have accepted voluntary buyout packages as part of the restructuring process.
King employs approximately 2,000 employees globally, out of which 700 in Sweden.The company is part of the Activision Blizzard group, which was acquired by Microsoft in 2023. King operates in Sweden, Spain, Germany, Malta, the United Kingdom, and the United States.
Eurofound (2025), King, Internal restructuring in World, factsheet number 203680, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203680.
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...
