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.
Social Media platform Facebook has announced plans to create 500 new jobs when it opens a new engineering centre in Soho, London. Around 100 of the jobs will be in artificial intelligence and positions will focus on removing malicious and harmful content and fake accounts. When the jobs are added, Facebook will have around 3,000 employees in London. London mayor welcomed the news of the tech giant's investment saying that it gives the signal that London's tech sector is in good health.
Eurofound (2019), Facebook, Business expansion in United Kingdom, factsheet number 97974, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/97974.