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.
Facebook has announced that it will create 500 new positions when it opens its new UK headquarters in London in 2017. The majority of the new staff will be based in the Fitzrovia site which is currently being developed, and some jobs may be located in Somerset where the company also has operations. A variety of roles will be available including engineers, marketers and sales staff. The exact date for the launch of the new headquarters is not known. The announcement of the new jobs was made at the Confederation of British Industry (CBI) Conference and a spokesperson for Facebook commented that the UK is still one of the best places for a tech company to be located. The decision for Facebook to recruit more staff has been seen as calming fears that the vote to leave the UK would discourage international companies from being UK-based.
Eurofound (2016), Facebook, Business expansion in United Kingdom, factsheet number 89318, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/89318.
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...
