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.
Dundee University, an organization that operates in the UK higher education sector, is to create 100 new jobs with the expansion of a biomedical research base at the University. The expansion will involve an investment of 6 million GBP, and will focus on cancer research. Professors David Lane and Birgit Lane are to lead Dundee University’s division of molecular medicine when they return from sabbatical leave in 2008, and will operate laboratories as a result of the new investment. Professor David Lane stated:
'This is yet another exciting development for Dundee, and it is great to be coming back here as the medical research base at the University continues to move from strength to strength. This is the ideal place to be if you are doing this kind of research.'
Dundee University expects to generate 10 million GBP of additional research income over the next five years as a result of the jobs. The investment has been made possible by a 2 million GBP grant from the Wolfson Foundation and additional funding from Scottish Enterprise Tayside. Dundee University's vice-principal said that when completed, the Life Sciences complex would host one of the largest single-site research bases in the UK.
Professor Pete Downes stated: 'This further development of life sciences at Dundee gives us one of the most intensive research environments in the UK. We are vigorously pursuing a recruitment programme to add to the range of world-class researchers and staff we have here in Dundee. We have created this major research complex in the space of only a decade, firmly establishing Dundee as an international centre for life sciences.'
Eurofound (2007), Dundee University, Business expansion in United Kingdom, factsheet number 65834, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65834.
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...
