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.
Customer service provider Teleperformance LT is to dismiss 111 employees from its subsidiary in Vilnius by 9 November 2017. According to the management, employees will be dismissed due to economic reasons. Currently the company employs 153 employees.
The Lithuanian Labour Exchange will develop a special prevention program for the dismissed employees to facilitate their integration in the labour market.
The branch in Vilnius provides customer services to the Baltic and Nordic countries, as well as Polish, German and Russian markets. The company provides customer acquisition, customer care, technical support, debt collection, social media, and other services.
Eurofound (2017), Teleperformance LT, Internal restructuring in Lithuania, factsheet number 91898, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/91898.
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...
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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...
