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.
MongoDB, a U.S. database software company, announced the creation of 200 new jobs at its Irish operation. The expansion involves its international headquarters in Dublin and a new office in Cork and is set to be completed by the end of 2027.
The company is expanding its Irish presence as part of a €74 million investment aimed at boosting its hybrid workforce by more than 50 % by 2027, bringing total employee numbers from 300 to 500.
This growth is driven by the need to support the building of agentic AI applications in production and to provide a unified data platform for modern, multi-cloud, and AI-centric solutions.
The new jobs will be based in the Cork and Dublin offices, with roles including engineering, product development, and customer-facing teams.
Eurofound (2026), MongoDB, Business expansion in Ireland, factsheet number 300375, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/300375.
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...
