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.
Astek Group, a French company specialising in technology and engineering consulting (aeronautics, artificial intelligence and cybersecurity), has announced a large-scale hiring campaign to recruit 1,800 new employees in France in 2026.
The hiring campaign has already started. At its Boulogne site in the Île-de-France region, Astek is offering 600 vacancies. In Nantes and Toulouse, 100 vacancies are planned in each city, targeting profiles for technical, commercial and management positions. In Rennes, 150 new vacancies are open for similar profiles.
The recruitment campaign targets a wide range of profiles, including technicians, sales representatives and recent graduates. The latter will benefit from dedicated support through Astek University, the company’s internal training organisation. The company is expanding to sustain strong growth in rapidly transforming markets such as aeronautics, artificial intelligence, cybersecurity, cloud and life sciences.
With a workforce of 10,000 employees and revenue of €730 million in 2025, Astek aims to reach €1 billion in revenue and 14,000 employees worldwide by 2027.
Eurofound (2026), Astek, Business expansion in France, factsheet number 203979, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203979.
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...
