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.
Cap Gemini, an I.T. consultancy multi-national, is to create 2,000 jobs in Iasi with the construction of a new services centre. The firm intends to recruit around 2,000 I.T. specialists in the region from September 2007. One of the reasons that Cap Gemini intends to establish the centre in Iasi is due to the low costs associated with the region, that are around 25-40% lower than in Bucharest. Another reason is the skilled workforce within the region. Eugen Schwab-Chesaru, a managing director at Pierre Audoin Consultants Romania stated, ‘Iasi delivers almost 12% of university graduates from the state education system, which positions it just ahead of Cluj, and at a small distance away from Bucharest,’ Cap Gemini provides consulting, outsourcing and IT support services in approximately 30 countries. Its turnover in the first quarter of 2007 was 2.21 billion EUR.
Eurofound (2007), Capgemini, Business expansion in Romania, factsheet number 65747, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65747.
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...
