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.
Online retailer Amazon will create up to 1,000 new jobs in Slovakia during the coming three years. The company will open a 60,000 square metre logistics centre in Sered in the third quarter of 2017. According to Roy Perticucci, the Vice President of Amazon Europe, the company will soon begin hiring the new members of the staff, which includes managers of service units, technicians, HR managers, bookkeepers and IT specialists.
Slovak Minister of Economy, Peter Ziga, welcomes the decision of Amazon to also include Slovakia in its business expansion in Europe. He considers the new investment to be very valuable for the economy as well as in terms of employment opportunities, and appreciates that the investor does not require any incentives from the state. Since 2011 Amazon has been operating a sales promotion service centre in Bratislava that will continue to operate as an independent business unit.
Eurofound (2017), Amazon, Business expansion in Slovakia, factsheet number 90537, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90537.
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...
