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.
Valamar, the Croatian tourism company, will employ 400 new permanent employees in autumn 2021. Valamar has already launched various remuneration and education programmes which will be implemented and further developed during this winter and next spring in order to better prepare for the 2022 tourist season.
According to the current estimate of the Croatian Tourism Association, there will be a shortage of 35,000 employees in the Croatian tourism sector in 2022. This implies that one in three employees will have to be hired from abroad. During the COVID-19 crisis, Valamar, with the support of social partners and government measures, preserved all jobs through the 'Pause, Restart' programme. In 2021, the company recorded positive tourist results. However, for a better recovery of the Croatian tourism, it is crucial to improve working conditions in tourism and increase the attractiveness of this sector's occupations. Valamar is already starting with selection and employment for 2022, within the programme 'Good job at Valamar'.
Eurofound (2021), Valamar, Business expansion in Croatia, factsheet number 105478, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/105478.
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...
