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.
American supplier of steering products Nexteer Automotive has announced that it will create 150 jobs at its newly opened factory and technical centre in Tychy by the end of 2017. The company is looking for engineers, including mechanical engineers, designers, analysis engineers, programmers, IT testers and electronic engineers, who will work on solutions for self-steering cars. Nexteer will hire both experienced specialists and graduates. This factory, the third branch of Nexteer in Poland, is worth PLN 70 million (EUR 15.87 million USD 17.90 million).
Nexteer is a global company employing 12,000 people in 21 factories, 5 engineering centres, 10 customer service centres and 3 testing centres worldwide. The company cooperates with major global car producers. In Poland, the company has three factories (all located in Tychy) employing almost 1,500 people.
Eurofound (2016), Nexteer Automotive, Business expansion in Poland, factsheet number 87308, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/87308.
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...
