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.
Volvo Cars Cooperation has recently experienced a period of strong growth and will recruit about 1,000 new jobs in Gothenburg and another 200 in Gent. Most of the new jobs (about 900) will be for engineers in research and development. The company intends to expand its operations to enable the development of highly competitive and fuel efficient products and technologies. In particular, Volvo is seeking to build expertise in electric cars. According to the company, the recruitment is among the largest in the history of Volvo.
However, on 25 August 2011 Volvo representatives announced that the company is struggling to recruit the 1000 engineers due to housing shortage in Gothenburg. Only 400 of 1000 engineers are expected to have been recruted by the end of 2011.
Eurofound (2011), Volvo Car Corporation, Business expansion in Sweden, factsheet number 71805, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71805.
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...
