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.
The Finnish moving services company Niemi Palvelut is hiring 100 new employees on permanent full-time contracts for its Helsinki office starting in early autumn 2017. In addition, the company is looking to recruit a further 100 on-demand workers. The new employees will work as drivers, packers and movers, furniture installers and foremen. The company says the business expansion is made in anticipation of increasing growth in the upcoming years, as a result of the current construction boom in the Helsinki region. The trend is also visible in the country's other big cities, as Niemi Palvelut has recruited more staff also in Tampere and Turku. In total, Niemi Palvelut employs around 1,250 people across the country, of which 400 are on permanent employment contracts.
Eurofound (2017), Niemi Palvelut, Business expansion in Finland, factsheet number 91932, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/91932.
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...
