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 airline company Vueling, which belongs to IAG Group, is going to increase its innovation staff by 20%, with 100 new hires in different parts of Spain (mainly in Barcelona, Zaragoza and Bilbao), throughout the year 2022. Thus, the company's innovation teams will grow from 500 to 600 employees. They are looking for profiles for programming, data analysis and data engineering, among others, with the added objective of increasing the proportion of women. The aim is to develop solutions to improve customer service, react faster to unforeseen events in routine operations, optimise aircraft maintenance and forecast variations in demand, for example. (In April 2022, with the announcement, no particular dates have been specified for job creation, but it is expected that it will be in 2022).
Eurofound (2022), Vueling, Business expansion in Spain, factsheet number 106665, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/106665.
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...
