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 Plaza Group, an Irish motorway services operator, opened the new Banner Plaza service station near Ennis, County Clare, creating 120 jobs. The €20 million facility officially opened in April 2026 after a decade of development. The expansion aims to improve motorway services and regional connectivity along the M18 between Limerick and Galway. The site includes eight super-fast EV charging points. All 120 jobs were created at the Banner Plaza site near Ennis. The project also involved local contractors, suppliers and professional service firms during construction, but these jobs are not included in the reported total. Minister for Climate, Energy and the Environment and Minister for Transport Darragh O’Brien welcomed the investment. No trade union involvement was reported. The Plaza Group operates several motorway service stations across Ireland, including Barack Obama Plaza. Banner Plaza includes restaurants, a convenience store, fuel facilities, parking areas and EV charging infrastructure.
Eurofound (2026), Plaza Group, Outsourcing in Ireland, factsheet number 204571, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/204571.
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,...
