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.
TietoEnator, a Scandinavian firm that operates in the information technology sector, announced on 7 February 2008 that it is to create 560 new jobs in 2008 at its site in Ostrava. According to company's human resources specialist, 200 new positions are available for newly graduates.This is an update to a previous announcement. On 5 December 2007, the company announced its plans to create 400 new jobs at the Ostrava site by the end of 2008.
As of December 2007, the Ostrava site employed 1,100. Newspaper reports also stated that the firm had moved sections of its Scandinavian customer service operations to its Ostrava site in 2007.
Eurofound (2007), TietoEnator, Business expansion in Czechia, factsheet number 66107, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66107.
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...
