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.
Movistar Prosegur Alarms, a Spanish company created by the telecommunications company Movistar and the private security services company Prosegur, is planning to hire in the coming months more than 800 professionals by the end of 2022, to strengthen its commercial area. New employees will be hired in the metropolitan regions of Madrid, Barcelona and Valencia and in communities such as Andalusia. Movistar Prosegur Alarms has managed to close the first half of 2022 with over 400,000 connections, which means doubling its total connections base in two years since its creation. In addition, Movistar Prosegur Alarms expects to close 2022 with a staff increase of over 50%, up to 3,500 people, and double the number of employees since the company was launched in March 2020.
Eurofound (2022), Movistar Prosegur Alarmas, Business expansion in Spain, factsheet number 107423, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/107423.
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...
