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.
T- Systems Slovakia will create 250 new jobs in Kosice by the end of 2012. Since 2006, when Deutsche Telekom established its subsidiary there, the company has continuously expanded its business and it now employs 2,300 employees.
According to the media reports, T-Systems has chosen Slovakia for its skilled workers in the region and the lower labour costs. The wages offered by the company to its employees are higher than average wages in the sector. It employs workers from 15 countries, including Slovaks, Hungarian, Polish and Germans, but also the people from the UK, India or Malaysia.
Eurofound (2012), T-Systems Slovakia, Business expansion in Slovakia, factsheet number 73525, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73525.
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...
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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...
