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.
Furniture giant IKEA plans to hire tens of thousands of new workers as the company continues to expand with dozens of new stores opening around the world, Chief Executive Anders Dahlvig said in an interview. "We have to hire at least around 10000 people a year to meet our ambition of continued growth," Dahlvig was quoted as saying in Swedish financial daily Dagens Industri. IKEA has more than 230 stores in 33 countries, and sales more than tripled in the last decade to 17,3 billion euro in the year ending on 31 August. The company plans to open 24 new stores in the next 12 months in countries including Germany, the United States and Sweden. IKEA is also looking at India, though it has no immediate plans to open any stores there, Dahlvig said. The company was founded by Swedish entrepreneur Ingvar Kamprad in 1943. IKEA is still privately held, which Dahlvig said "has contributed a lot to our success because we can act with a more long-term view than many listed companies."
Eurofound (2006), Ikea, Business expansion in World, factsheet number 64155, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64155.
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...
