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 UK-based retail chain Poundland announced that it will create 280 jobs across the UK and Ireland by Christmas 2020. In the UK, the company is to open 7 new stores creating about 160 jobs, while 120 positions will be created in Ireland. Another 45 branches will be opened over the next 12 months as part of a GBP 15 million (€16.5 million as at 26 November 2020) investment.
Poundland has been operating since 1990 and currently, the chain has a network of 800 stores in the UK and over 60 in Ireland, where the company operates under the brand name 'Dealz'. Poundland sells a wide range of products, including food and drink, health and beauty, gardening and DIY products, offering many items for GBP 1.
Eurofound (2020), Poundland, Business expansion in World, factsheet number 102816, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/102816.
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...
