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.
Polish bank Getin Bank, part of Noble Bank, has announced that it will relocate its banking operation centre from Wrocław to Jastrzębie Zdrój and Warsaw. The relocation will result in dismissing up to 150 employees trough a collective dismissal programme. The goal of the relocation is to optimise business processes and improve the bank’s financial effectiveness. The source revealed the bank posted a PLN 239 million (EUR 57 million) loss during the first quarters of 2017. Getin Bank provides services to individual and business clients. Its services are available at over 500 units across the country.
Eurofound (2018), Getin Bank, Relocation in Poland, factsheet number 93565, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93565.
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...
