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.
The internet retailer Amazon is to create 1,200 full time and 1,500 seasonal jobs over the next 5 years with the opening of a new warehouse in Swansea Bay. Jobs range from distribution staff and management to IT support and pay would be 'very competitive for the area'. It is the company's fourth distribution centre in the UK - with others in Milton Keynes and in Scotland - and it said it will handle orders mainly for the home market but also abroad.
Allan Lyall, Amazon's vice president of European operations, said that as well as the company's more traditional books and CD market, they would be distributing electrical and household items. 'We feel that the site's great location, coupled with the ability to draw from a pool of strong local talent, will make this an extremely successful operation,' he added.
Three shifts of around 350 staff would work 24 hours a day packaging goods that would then be loaded on to lorries and transported across the country. Goods will be delivered in large volumes by suppliers - picked to fill individual orders, packed and then dispatched. It is estimated that 350 would be employed on each three shift system, seven days a week.
Eurofound (2007), Arlington Development Ltd, Business expansion in United Kingdom, factsheet number 65089, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65089.
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...
