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.
A software development firm is creating 170 IT jobs in Caerphilly, it has been announced on 27 March. Valtech provides consultancy and training to industry including aerospace, finance and media. The French company already has offices in London and Manchester and said it expects to expand further in the UK.
The development of the new centre, which will open in May, has been supported by a Welsh Assembly Government regional assistance grant. Jonathan Poole, Valtech chief executive, said Wales offered a 'skilled workforce with software development expertise'.
He said: 'We have been particularly impressed with the high academic standards in computing research and teaching at Welsh universities and the relevance of areas of their work to our own needs.'
The group, which has a 65 million GBP turnover, expects to recruit up to 40 staff in the first year and 167 within three years.
Eurofound (2007), Valtech, Business expansion in United Kingdom, factsheet number 65194, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65194.
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...
