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.
Foxway Recommerce is focused on purchase, recovery, resale and disposal of used electronics and will hire 50 new employees in Tartumaa, Estonia in Spring 2022.
It is expected that the production capacity of the company will increase by 20% next year, so a new warehouse is being built in Tartumaa and is expected to start operating in Spring 2022. This will combine logistics and equipment storage and will need 50 new employees for operation. In addition, the company plans to hire 50 employees in other European countries in 2022. Currently Foxway Recommerce employs 530 persons in Estonia of which 450 in Tartumaa.
Foxway Group is specialised in circular recycle of ICT devices and the group employs more than 900 people all over the world.
Eurofound (2021), Foxway Recommerce, Business expansion in Estonia, factsheet number 106049, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/106049.
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...
