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.
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...
