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 Hungarian subsidiary of German semiconductor manufacturer Infineon Technologies finished the expansion at its Cegléd production unit. As a result of the investment, 275 new jobs will be created. The new plant unit will produce high-powered semiconductor modules that will be built into electric and hybrid vehicles. The investment cost was €100 million, of which the government provided €20 million as a non-refundable subsidy. The investment is a response to the growing demand posed by the expansion of electromobility. Close to 100% of products produced at this plant will be exported.
Infineon Technologies Cegléd has been operating in Hungary for 28 years and is a market leader in the development and production of semiconductors for industrial use. It employs 40,000 people worldwide.
in 2018, the company recruited 533 people in the same location (Infineon Technologies Cegléd-2018-HU).
Eurofound (2022), Infineon Technologies Cegléd, Business expansion in Hungary, factsheet number 107570, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/107570.
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...
