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.
Finnish passenger airline Finnair is recruiting a total of 100 employees with permanent contract for the cabin crew at Helsinki-Vantaa Airport. In addition to the new hiring with permanent contract and additional 100 people will be hired on a fixed-term contract for the summer season 2024. New employees will receive a basic training course starting in December 2023 and then the first new employees will start working in the spring winter of 2024.
Last time the company recruited staff for the airport was before the Covid-19 pandemic. In 2022, 90 job cuts in Finland were recorded as part of the global restructuring measure. Finnair-2022-FI Globally, the company announced to lay off 200 employees. Finnair-2022-FI
Finnair is a Finnish passenger air transport company partially owned by the Finnish state. The company employs around 5,300 people.
Eurofound (2023), Finnair, Business expansion in Finland, factsheet number 200286, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/200286.
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...
