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.
Siemens wind turbine manufacturing facility in Hull has announced the creation of a further 140 jobs. The site, which opened in September 2016, currently employs 650 staff. The jobs have proven very popular, with the company having received over 22,000 applications so far. Over 90% of the successful applicants have been people from the local area - within a 30 mile radius of Hull. The company also commented on the gender balance at the factory; 10% female employment is approximately double the average proportion in large scale engineering and manufacturing, according to the company. As of November 2016, it is not know when the new jobs will be implemented by. In July 2015 and in June 2016 the ERM has previously reported on job creation at the Hull site.
Eurofound (2016), Siemens, Business expansion in United Kingdom, factsheet number 89052, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/89052.
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...
