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.
American IBM will open a new Software Laboratory in Kraków. IBM's Software Laboratory will be the first facility of that kind in Central Eastern Europe. The new software lab will have the mission to develop innovative software products to benefit IBM's customers worldwide. IBM projects that the new facility will result in creation of 200 jobs in the first 2 years of operation. The company is presently talking to software engineers and testers, as well as project managers and information developers to staff the new facility. They will form part of a global team focused on the development of IBM's Tivoli software which helps organizations manage and control their IT resources. By establishing the necessary skill base locally, an additional unit will offer service offerings to address the needs of local businesses in Poland. The first project which will be in the area of systems management will be fully operational by early October 2005. Within this long term government programme, the Krakow's investment received an 800,000 PLN endorsement from the Poland's budget. The goal of the programme is to endorse the regional development and increase the employment amongst those with higher education. The realization of this project will bring more than 16 million PLN revenue to the Polish and local authorities budgets.
Eurofound (2005), IBM, Business expansion in Poland, factsheet number 62229, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62229.
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...
