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.
IT company OVH is going to recruit 1,000 new staff in the next 12 months to reinforce its workforce of 2,000 employees. It will mainly recruit in France (600 positions) and in its two main countries outside France, in Canada where it has already 180 employees and in Poland (90 employees). But OVH will also open offices in Milan (Italy), in Cork (Ireland) and in London (UK).
Established in 1999, the French company operates 22 data centres as of 2017 (27 expected by the end of 2017) and has 2,000 employees worldwide. The group has consistently expanded over the last few years. The group expects to recruit between 2,000 and 2,500 employees between August 2018 and September 2019 and to reach over 15,000 by 2025.
Eurofound (2017), OVH, Business expansion in World, factsheet number 92259, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/92259.