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.
IT and information services company Microsoft España has announced plans to hire 100 people in Spain this year, who will join its current workforce to reinforce and expand the business activities. The company has a total workforce of 1,100 people located in several plants in Madrid, Barcelona and Bilbao.
In this regard, the company plans to set up additional data centres in the municipalities of Algete, Meco and San Sebastián de los Reyes, located in the region of Madrid, to fullfill the increasing demand for cloud services and solutions from Spanish companies and public entities. It is expected that the new jobs will focus on three specific areas: technical services, customer service and Research and Development activities. The hiring process has started on 1 July 2022 and it is expected to last until 30 June 2023. So far, around 35% of the new positions have been already filled up.
Eurofound (2022), Microsoft España, Business expansion in Spain, factsheet number 107302, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/107302.
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...
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