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 low-cost Irish carrier has announced that it will hire up to 1,000 cabin crew at its several new European units, including Croatia and Sweden. New bases are to be launched for the 2021 winter season. Through its agent Crewlink, the airline is recruiting candidates via online interviews across Europe. Ryanair reveals that it doubled its weekly seat capacity for European routes to 1.3 million passengers in early June 2021, aiming for 4 million passengers and up to 7-9 million by July 2021.
Ryanair is an Irish low cost airline founded in 1984. Ryanair's route network serves 40 countries in Europe, North Africa, and the Middle East.
A previous restructuring programme was announced in May 2020 (3,250 jobs cut).
Eurofound (2021), Ryanair, Business expansion in European Union, factsheet number 104939, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/104939.
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...
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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...
