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 new Global Shared Services Centre (GSS) of Organon, a pharmaceutical company, will be installed in Lisbon, Portugal. The new centre will offer global services to support the operation of the pharmaceutical firm to over 50 nations around the world, including Human Resources, Procurement and Finance. In the middle of 2022, the GSS will be officially launched and will be fully operational by 2023, by when it will have created around 200 new jobs.
The recruitment process already began, in the fisrt phase (until February 2022) the company will recruit between 25-30 workers. The professionals to be recruited in this first phase correspond to technical profiles, oriented towards SAP system.
Eurofound (2021), Organon Portugal, Business expansion in Portugal, factsheet number 105694, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/105694.
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...
