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.
The Spanish publicly owned postal company Correos has initiated a selection process aiming to hire 1600 new staff for several positions. The announcement details the selection requirements (e.g. relevant work and driving licences, possession of the compulsory education degree (ESO), ability to pass various tests). The selection process is currently in course. Information on the reasons for the job creation or details of when candidates will be selected and start work have not been provided.
Update 22-07-2016: Correos has initiated now the inscription process for the candidates. Candidates can apply for the jobs until the 30th of July through the company website, following payment of a registration fee of €10. Some of the positions that need to be filled are related to costumer services, classification agents and delivery staff. The public workers trade union CSIF has criticised the offer. It points out that there are still 6,000 positions to be filled. In 2009 the company initiated an employment adjustment that affected 12,000 workers.
Eurofound (2016), Correos, Business expansion in Spain, factsheet number 86149, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/86149.
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...
