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.
(90 - 93) Arts / Sports 93 - Sports activities and amusement and recreation activities 93.1 - Sports activities 93.13 - Activities of fitness centres
120 jobs Number of planned job creations
Announcement Date
5 October 2021
Employment effect (start)
Foreseen end date
Description
Irish gym chain FLYEfit is opening four new gyms in Dublin and is to create 120 new jobs. The gyms will be located in city centre, northside and southside of the city. The company is investing €10 million in the new gyms. The business expansion is related to an increase in demand from customers who took up exercise during the Covid-19 pandemic. Hybrid working schemes have changed people attitude to fitness.
The chain opened its first gym in Dublin in 2011 and currently has 15 gyms in the capital and one in Cork city.
Eurofound (2021), FLYEfit, Business expansion in Ireland, factsheet number 105592, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/105592.
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...