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.
Computer maker Hewlett Packard Co. inaugurated on 6 June 2006 a global service centre in Sofia that will provide support such as help desks to clients in Europe, the Middle East and Africa. Specialists employed at the centre will be responsible for IT maintenance as well as for business and administrative processes of the clients of the company. At present 250 IT specialists are employed and the number of Bulgarian specialists employed at the centre is expected to reach 1,000 by 2008. The company already has a Bulgarian office dealing with sales and services. HP picked Bulgaria over 14 rival destinations due to the country's sustainable number of university technical graduates and its economic and financial stability. The contact centre will move into a built-to-suit 10,000 sq m building in October 2006. HP and Business Park Sofia owner Lindner have signed a 10-year lease for the office building.
Eurofound (2006), Hewlett-Packard, Business expansion in Bulgaria, factsheet number 63621, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63621.
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...
