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.
Acoustic, an independent marketing cloud with a focus on the marketers, announced that it will create 250 jobs at its new research and development centre in Gdańsk, Poland, within the next 2 years. Acoustic will employ a variety of high-tech specialists - front and back end developers, UI/UX designers, architects, infrastructure specialists and managers. The facility will also have a support team for customers. The team will include several data specialists, support analysts and procurement experts. The centre will focus on providing advanced, AI-driven solutions to meet current challenges in the marketing industry.
The investment was supported by Invest in Pomerania, a regional initiative that helps investors implement projects in the Pomeranian region. Acoustic was separated from IBM in summer 2019. The company's solutions are powered by artificial intelligence tools and offer digital and mobile marketing analytics, tools for marketing automation and content management to more than 3,500 brands spanning industry sectors from more than 70 countries.
Eurofound (2019), Acoustic, Business expansion in Poland, factsheet number 99433, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/99433.
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...
