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.
IT company OVH is to recruit 150 new staff by the end of April 2014 at its sites of Roubaix (Nord), Brest (Finistere) and Lyon (Rhone). Recruitment aims at engineers and technicians.
OVH will furthermore open new sites in Nantes (Loire-Atlantique) and Rennes (Ille-et-Vilaine) by the end of 2014. This could bring the total workforce from currently 700 employees to 1,000 staff by 2015.
Established in 1999, the French company operates 12 data centres as of 2013. The group had announced to recruit 100 employees in 2011 (see ERM Factsheet) and 500 in 2012 (see ERM Factsheet). Furthermore, it has reported to have created 130 jobs during 2013.
Eurofound (2013), OVH, Business expansion in France, factsheet number 76287, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76287.
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...
