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.
Homeloan Management Ltd (HML), a mortgage administration firm, is to create 425 new jobs as part of a major expansion in Glasgow. A spokesman for the firm said that the new staff would help meet increasing demands for the company’s services. The company, which is part of the Skipton Building Society group, already employs 75 people in Glasgow. It will be relocating to the city's Skypark business complex to accommodate the expansion.
HML's plans have been supported by the Scottish government with an offer of up to 1.6 million GBP in Regional Selective Assistance. Enterprise Minister Jim Mather said: 'HML's decision to invest in Glasgow confirms Scotland's status as a first class location with skilled and motivated people.'
HML handles assets of £48bn for more than 40 clients, and currently employs about 1,800 people in the UK and Ireland.
Eurofound (2007), Homeloan Management Ltd, Business expansion in United Kingdom, factsheet number 65688, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65688.
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...
