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.
HCL Technologies of India plan to open an information technology centre in Krakow, initially employing 150 persons and eventually increasing the headcount to approximately 1,000 employees. The company already operate a similar facility in Ireland, employing 1,600 at that site. Currently, HCL Technologies maintain a two-person office in Krakow. Its corporate parent, HCL, has 45,000 employees in 17 countries.
According to information as of June 2007, the centre will start to operate in July 2007 and will employ 250 by the end of 2007.
Eurofound (2007), HCL Technologies, Business expansion in Poland, factsheet number 65448, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65448.
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...
