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.
Blizzard Entertainment, a US-owned games company has announced 8% of job cuts worldwide, including 209 in the USA. Job cuts are also expected in Mexico, France, Ireland and will involve 770-800 people. The restructuring aims at centralising functions and boosting profit. Job cuts took place in 2012 (200 job cuts) and a job creation annoucement in 2007 (100 job creations in Ireland).
The company presently employs 9,800 staff woldwide.
Eurofound (2019), Blizzard Entertainment, Internal restructuring in World, factsheet number 97316, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/97316.