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.
I.T. firm AppLabs has announced the opening of an office in Dublin with the potential creation of up to 100 jobs by August 2008. The firm says it hopes to follow the opening of its Dublin office with a Dublin-based testing facility that will potentially employ up to 100 testing consultants and engineers. The opening of the firm's Dublin site is part of AppLabs expansion into the European market. Mr Sashi Reddi, chairman and CEO of the company, stated:
‘Ireland is a significant market in European terms and the opening of our office there is a natural progression of our business plan and reinforces our commitment to the European marketplace. It is an obvious step forward for us after listening to our customers' demands.’
U.S-based AppLabs is a global company which specialises in the development of I.T. solutions such as quality management and testing and certification, and is primarily geared towards the banking and financial sectors. Customers of the company include American Airlines, Royal Bank of Scotland and Hewlett Packard.
Eurofound (2007), AppLabs, Business expansion in Ireland, factsheet number 65727, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65727.
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...
