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.
Human resources company Ceridian is to increase its workforce by 310, from the current 280 to 590, by 2014, as it relocates to a new purpose built site at Braehead, Renfrewshire. The company, which provides HR services to clients such as Asda and Lloyds Banking Group, says the new positions will be in administration, payroll processing, employee support and finance and expense management. Ceridian is receiving more than £3m in support from the Scottish government, made up of £1.83m through Scottish Enterprise, £1.7m in Regional Selective Assistance, and a Training Plus grant of £134,000. As he announced the funding, First Minister Alex Salmond said: "Ceridian's decision to expand its Scottish operation, which is now its largest centre of excellence in the UK, is testament to the quality and skills of the local workforce and the reputation and strength of staff at the Hillington site."
Eurofound (2010), Ceridian, Business expansion in United Kingdom, factsheet number 70395, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70395.
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...
