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.
Wizz Air, a company in the passenger air transport sector, has announced plans to strengthen its presence at Palermo Falcone–Borsellino Airport, where the airline will reopen its operational base and station two Airbus A321neo aircraft. This investment is expected to generate 80 direct jobs and around 700 indirect ones. The company plans to increase capacity by over 200% by 2026, offering nearly 1 million seats. The expansion includes strengthening the domestic network by adding services to Milano Malpensa (14 weekly frequencies), Bologna (11), Venezia (10) and Torino (daily), as well as introducing new international routes to Tel Aviv (three weekly frequencies) and Sharm el-Sheikh (four weekly frequencies).
Updated, 14/09/2026 Wizz Air has officially opened its new base at Torino‑Caselle Airport on 14 September 2026. The launch will create 80 direct jobs and support about 700 indirect positions in the local economy. The network now includes 23 routes across Italy and Europe, with additional winter destinations slated for January 2027.
Eurofound (2026), Wizz Air, Business expansion in Italy, factsheet number 204147, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/204147.
While large-scale redundancies at major manufacturers dominate the headlines, the true impact of this restructuring is being felt most acutely within the wider supply chain. This article examines the uneven distribution of job losses, the growing geographical shifts in production,...
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,...
