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 Social Insurance Institution of Finland, Kela, is hiring 100 new employees to administer anew 'active unemployment' policy measure. The recruitment process has already started for around half of the new jobs.
The active unemployment model passed in Parliament in December 2017 and was implemented in January 2018. The model comprises deductible unemployment benefit days and lowered unemployment benefit if, within a period of three months, unemployed person has not sufficiently engaged in paid employment, profitable entrepreneurial activity, or active public employment service (PES) measures. In some cases, unemployed will need to report on PES activities to Kela, which is why Kela needs more resources to administer cases.
In February 2017, Kela's basic social assistance service got seriously congested when the office took over the income support administration from municipalities. On that occasion, Kela increased its number of employees by over 1,000.
Eurofound (2018), The Social Insurance Institution of Finland, Business expansion in Finland, factsheet number 93147, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93147.
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...
