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.
Continental Automotive Lithuania, a company producing car electronic components and sensors designed to increase car comfort and safety in the outskirts of Kaunas, is going to hire up to 100 employees from nearby Jonava city by the end of 2023.
In 2022, Continental Automotive Lithuania carried out an internal restructuring and completed the first stage of business expansion, according to company's representatives. Currently Continental is planning a second phase of expansion.
On April 11, a meeting was held between the mayor of the municipality of Jonava district and the manager of Continental Automotive Lithuania. During the meeting parties discussed the possibilities of cooperation and mobility of Continental's employees living in Jonava. The company estimates that this year it could employ up to 100 more workers from Jonava (currently it employs about 60 people from Jonava city), and in the next three years the number of people coming to work from the Jonava district could reach 300 or more.
Eurofound (2023), Continental Automotive Lithuania, Business expansion in Lithuania, factsheet number 108795, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/108795.
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...
