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.
Call centre operator Firstsource has announced that it is to create 200 new jobs in North East England. The positions are understood to be both full and part-time and will be split between the company's sites in Middlesbrough and Sunderland. The new jobs are being created after new contracts have been won from a major telecoms company and also a UK-based bank. It is not known when the new positions will be filled. The company which is headquartered in India employs around 26,000 globally in India, the Philippines, the USA and the UK. The new jobs represent a revival of the company in the North East; in 2012 the company cut 500 jobs from its Middlesbrough and Thornaby sites.
Eurofound (2015), Firstsource, Business expansion in United Kingdom, factsheet number 79184, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/79184.
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...
