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 IT company Oracle, the world’s largest provider of enterprise software, has announced to cut about 1,300 positions across EU by 2020. Dublin (Ireland), where 1,400 are working for Oracle, Amsterdam (Netherlands) and Malaga (Spain) are the main cities likely to be affected by the job cuts. The job cuts affect employees working across sales, business development and solutions engineering. In Dublin, the management invited all staff to a meeting on March 4 in the afternoon, at which they were told the news.
In recent years Oracle has expanded its business, in a move that has led it to become a leading cloud computing firm. A previous worldwide reorganization was recorded in2011 with 1,700 recruitments.
Eurofound (2020), Oracle, Internal restructuring in European Union, factsheet number 100415, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/100415.
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...
The more employee monitoring resembles surveillance – with its systematic, continuous and detailed tracking of employees' activities, behaviours or communications – the greater the potential for infringement of both privacy and data protection rights. Although the EU General Data Protection...
Since 2013, Eurofound's ERM database on restructuring-related legislation has been documenting regulatory developments in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change. The most recent update to the...
