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.
Payback, a loyalty programme owned Loyalty Partner Polska, has announced that it will create 250 jobs at its new technology hub in Warsaw within the next three years. The source reports that about 100 positions are expected to be created by the end of 2021. The company is looking for IT specialists, analysts, specialists in Big Data and marketing. The Warsaw hub will provide its services to all countries where the loyalty programme is operational. The company plans to invest almost $50 million (€43.09 million) in the project.
Payback was founded in 2000 in Germany. Currently, the programme is owned by Loyalty Partner, a subsidiary of American Express, and is available in Germany, Poland, Austria, Italy, the Czech Republic, Slovakia, Slovenia, Croatia, Hungary and Mexico.
Eurofound (2021), Loyalty Partner Polska, Business expansion in Poland, factsheet number 105472, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/105472.
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...
