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.
On 10 October 2008 the German banking corporation Deutsche Bank announced the expansion of its outlets network in Europe. In the next four years Deutsche Bank plans to set up 400 new outlets, with a total of 2500 employees, in Germany, Italy and Poland. 150 new outlets with some 1250 employees will be set up in Germany but no details were given on the expansion in Italy or Poland. The aim of the expansion is to concentrate activities on retail banking operations. The company employs 78291 employees worldwide (as of 2007).
Eurofound (2008), Deutsche Bank, Business expansion in European Union, factsheet number 67272, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67272.
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...
