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.
Swedish telecom company Ericsson is expanding within 5G-technology, cloud services and Internet of things resulting in the recruitment of 300 engineers. Ericsson recently carried out a large internal restructuring making 2770 employees redundant during the last quarter of 2016. Parallel to the large internal restructuring, Ericsson announced plans to hire up to 1000 new engineers within new areas during the upcoming years. The current recruitment of 300 new engineers within 5G-technology, cloud services and the Internet of things can be seen as a first step in Ericsson's new recruitment drive. Union officials have expressed critique against Ericsson for not providing current employees with supplementary training instead of making employees redundant and hiring new employees later on.
Eurofound (2017), Ericsson, Business expansion in Sweden, factsheet number 90815, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90815.
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...
