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.
Telecommunications company Iris Telecommunication Poland, a subsidiary of Nokia, announced it will create 250 jobs at its new unit in Łódź. The company is mainly looking for specialists in project management, including construction, as well as professionals competent in the field of optic fiber network design and construction. The branch will specialise in design and construction of optical fiber networks in 13 central areas of Poland.
Nokia has been operating in Poland for 25 years, providing technology and professional services for mobile and fixed networks, including broadband access, public safety networks and railway systems, as well as health care products. Currently, Nokia employs over 5,400 people in Poland; most of the staff – nearly 4,000 people – are employed in R&D in centres operating in Wrocław, Bydgoszcz and Kraków. Whereas, Global Centres located in Warszawa and Bydgoszcz provide services to clients around the world.
Eurofound (2017), Iris Telecommunication Poland, Business expansion in Poland, factsheet number 91778, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/91778.
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...
