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.
American IT company Cisco has announced that it will create between 200 to 300 new jobs at its Global Services Center in Krakow. The branch in Krakow is celebrating its 10th anniversary, and therefore plans to strengthen its position as a strategic branch of the company. More employees are needed to facilitate its further development.
Cisco was founded in 1984 and has been operating in Poland since 1995. The company has launched its service center in Krakow in 2012 and it currently employs 2,400 specialists there. The centre provides IT and business services for clients from Europe, the Middle East and Africa.
Previous business expansion for Poland was announced in April 2021, with 150 jobs created (Cisco-2021-PL).
Eurofound (2022), Cisco, Business expansion in Poland, factsheet number 106953, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/106953.
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...
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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...
