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.
Saudia Airlines, one of the largest airlines in the Middle East and member of the Sky Team Alliance, is currently recruiting 900 people to join their board teams. Recruitment is taking place in Lisbon until the end of October. The teams will be based in Saudi Arabia, integrating domestic and international flights. Among the benefits offered are: salary of 2,000 euros tax-free, and other incentives such as accommodation in a dedicated building; free transportation; free tickets; health care; and the guarantee of five consecutive days off. Prior experience as a flight attendant is not required. The company is also recruiting in Spain.
Eurofound (2017), Saudia Airlines, Business expansion in Portugal, factsheet number 92474, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/92474.
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...
