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.
Workday, a US cloud-software company specialising in HR and payroll management solutions, has announced a €175 million investment to establish a new AI Centre of Excellence in Dublin. The expansion will create 200 highly skilled jobs over the next three years, in areas including artificial intelligence, machine learning, cybersecurity and software engineering.
The company currently employs 2,200 people in Ireland, primarily in product research and development. Workday opened its EMEA headquarters in Dublin in 2015 and in 2023 it opened a second Irish office in Dublin.
Earlier in 2025, Workday implemented global restructuring measures that resulted in around 1,700 job cuts (8.5% of its worldwide workforce),seeWorkday 2025 - IE as the company reoriented its strategy towards AI-based solutions. The new Dublin investment marks a renewed growth phase for its EMEA operations.
Eurofound (2025), Workday, Business expansion in Ireland, factsheet number 203699, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203699.
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...
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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...
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