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 global cafeteria chain Starbucks is has announced an investment plan to open 26 new Starbucks stores by the end of 2023. The plan will create up to 300 new jobs over two years.
Developed in collaboration with the Percassi group, Starbuck's partner and sole licensee for the country, the plan foresees the opening of three new stores by the end of 2021, two in Lombardy and a one in Turin. Another 11 openings are planned in 2022, and then another 12 in 2023, all located throughout central and northern Italy.
Currently, the brand operates 11 cafeterias in Italy - most of which located in Milan. The plan will increase their number to 37 by the and of 2023.
Eurofound (2021), Starbucks, Business expansion in Italy, factsheet number 105730, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/105730.
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...
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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...
