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.
Barclays' are to expand their call centre in Sunderland adding more than 250 new jobs. The bank already employs 1,250 workers at the city's Doxford International Business Park. The additional 220 part-time and 36 full-time jobs are due to be in place by the end of 2005. The company said it was being forced to expand its customer services operation on Wearside because of growing demand for telephone banking. Darren Farnell, head of customer service at Barclays' Sunderland contact centre, said: 'Our expansion plans are great news for the Sunderland site as it brings new job prospects and allows people to balance a career and family commitments.'
Eurofound (2005), Barclays, Business expansion in United Kingdom, factsheet number 62312, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62312.
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...
