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.
Back-office company Standard Chartered Global Business Services announced the creation of 350 new job positions in its centre in Warsaw. The positions include specialists in the fields of IT, digital communication and supplier relationship management among others. In light of the business expansion, the company plans to move into a larger office in the third quarter of 2020.
The company started its operations in Warsaw in September 2018. The unit provides back-office services to the group's subsidiaries, including financial operations, technology services, cybersecurity services and banking operations. Headquartered in London, the group operates in more than 70 countries worldwide.
Eurofound (2019), Standard Chartered Global Business Services, Business expansion in Poland, factsheet number 98604, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/98604.
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...
