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.
A French global call centre operator Teleperformance is to create 500 new jobs in its customer service centre in Vilnius by 2022. The company is rapidly expanding in Lithuania and plans to increase its team by 500 people in 2021. Teleperformance LT is currently in a process of recruiting and selecting specialists, whose core functions will be reviewing and managing user generated content. Currently Teleperformance LT employs 211 employees in its service centre in Vilnius.
Teleperformance service centre in Vilnius was established in 2015. The company currently provides technical support, customer acquisition services, online interpreting solutions, data analysis, and many other services to its clients worldwide. Globally, Teleperformance employs more than 300,000 employees in 76 different countries.
Eurofound (2021), Teleperformance LT, Business expansion in Lithuania, factsheet number 103556, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/103556.
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...
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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...
