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.
International banking group Barclays has announced that it is to create 200 new jobs at its site in Sunderland. The company employs around 1,500 at the Doxford Business Park, where it has been operating for 16 years. The new jobs are being created as Barclays seeks to establish the first 'centre of excellence' for detecting fraudulent transactions. A spokesperson for the company noted that attempts at fraud were increasing with the diversity of banking platforms which now exist and the new jobs have been put in place to detect this activity. It is not yet known when these positions will be filled.
Eurofound (2015), Barclays, Business expansion in United Kingdom, factsheet number 79367, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/79367.
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...
