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 German national railway company Deutsche Bahn (DB) announced 19,000 new job offers for 2018, many of which are meant to replace retiring workers. DB confirmed the new hirings will solve the current shortage of 1,200 train drivers. Further, DB plans to further develop its digitalisation processes including more train automation and so is looking for experts in this field. DB is looking for train drivers, dispatchers, electricians, engineers, IT-experts, signal and control technicians as well as track layers. Among those will be 1,000 train driver apprentices as well as a further 4,000 apprentices in engineering, IT and service.
In the last 5 years, due to the need of replacing retiring workers, 44 percent of DB's employees are older than 50 and 28 percent are older than 55, DB has hired approximately 60,000 employees. As recent as November 2017, Deutsche Bahn hired 1,000 new employees in a two-week long marathon hiring session.
DB has about 200,000 employees working all across Germany.
Eurofound (2018), Deutsche Bahn, Business expansion in Germany, factsheet number 93167, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93167.
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...
