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 largest British automotive manufacturer, Jaguar Land Rover, opens a new technical engineering centre in Budapest. It will operate with a 100 strong workforce, mostly researchers, engineers and production experts, working on developing and launching new vehicle models. The positions are already open to applicants.
The centre will open in early 2019. The development work of the centre will be part of the global R&D and engineering operation headquartered in the UK. The centre will closely collaborate with the suppliers located in Central and Eastern Europe. JLR has similar development centres in the UK, Ireland, China and North America.
Model development is gaining importance for the firm because, according to the plans, from 2020 all new JLR models will be fully electric or hybrid.
Eurofound (2018), Jaguar Land Rover Hungary, Business expansion in Hungary, factsheet number 95794, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/95794.
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...
