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.
Luxoft Romania plans to hire 150 information technology (IT) specialists by the end of 2021. Luxoft was one of the first companies on the Romanian market to implement a 100% remote working system for current and future employees. In December 2020 the company opened its first permanent remote positions and has so far hired over 300 programmers through a remote recruitment process. The company expanded its team in Cluj-Napoca (Cluj County), Iasi (Iasi County), Timisoara (Timis County) and Brasov (Brasov County).
Luxoft Romania is part of the US company DXC Technology, one of the largest providers of business-to-business IT services.
The company entered the Romanian market in 2008 and currently has a workforce of 2,000. Luxoft Romania provides software development services for local and global clients in the telecom, financial and automotive sectors.
Internationally, Luxoft provides solutions and services from 41 specialized centres and has nearly 13,000 employees in 22 countries in North America, Western and Eastern Europe, Asia Pacific and South Africa.
Eurofound (2021), Luxoft Romania, Business expansion in Romania, factsheet number 105408, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/105408.
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...
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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...
