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 world’s leading exchange operator Nasdaq is to create 100 new jobs in its Technology and Business Competence Centre in Vilnius. Currently the service centre has 331 employees and the company is now looking for highly qualified technology specialists.
The Nasdaq Technology and Business Competence Centre in Vilnius was officially opened on 13 October, 2015. In five years, the number of employees in Nasdaq companies operating in Lithuania increased from 30 to 390, making the office in Lithuania the second largest Nasdaq office in Europe and the third largest in the world. The Nasdaq group has positively assessed the first development phase of the centre and decided to further expand in Lithuania.
The centre provides support and develops IT infrastructure for financial markets, performs finance and accounting as well as other functions to listed companies and financial institutions worldwide.
Eurofound (2020), Nasdaq Vilnius Services, Business expansion in Lithuania, factsheet number 102464, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/102464.
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...
