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.
Aircraft repair and maintenance company, Dublin Aerospace, has announced it will will create 106 new jobs over the next 3 - 6 months, for its operations in Dublin and Meath. The company is looking for fitter-turners, toolmakers, technicians and mechanics, sheet-metal workers, panel beaters, as engineers for its Dublin Airport Hangar Complex. Successful candidates will receive in-depth training and mentorship programmes.
The company also announced an immediate 19% increase in employees’ guaranteed basic pay, with a further 6% increase in 2023, together with additional benefits including an increase in pension contributions, annual leave and continuation of the profit-share scheme for employees.
Founded in 2009, Dublin Aerospace maintains and repairs Airbus and Boeing for airline clients in Ireland. The company also has a subsidiary, Exeter Aerospace, specialising in regional planes.
Previous restructuring events have been recorded in the Database for Dublin Aerospace, having expanded their workforce in 2017 (Dublin Aerospace-2017-IE), and in 2011 (Dublin Aerospace-2011-IE).
Eurofound (2022), Dublin Aerospace, Business expansion in Ireland, factsheet number 107894, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/107894.
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...
