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 Irish subsidiary of a US dental insurance management company, DeCare International, is to create 100 software jobs in Cork over the next five years. The expansion is being supported by IDA Ireland and the jobs will be in management, software development, consultancy, sales and marketing. DeCare Systems Ireland (DSI) was established in 1998 to provide software to its parent group. It subsequently took on an additional remit, supplying software and web-based systems to international clients in the US and Europe. It currently employs 145 staff including contractors.
The company has also expanded beyond health insurance and has developed e-commerce and other systems for international clients such as Marks & Spencers, Expedia, Amazon and Avon. DSI general manager John Murphy said the company was seeking a mix of technical graduates and experienced staff to meet increased demands for the company's services. He said sales and marketing staff were also being recruited to help increase DSI's customer base. DeCare International is the group holding company which has subsidiaries in the US and Europe. It was founded in 1969 and primarily provides health management systems for US dental insurers.
Eurofound (2007), DeCare Systems Ireland, Business expansion in Ireland, factsheet number 65248, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65248.
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...
