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.
HackerOne, a cybersecurity company from the United States specialised in bug bounty and penetration testing, has announced the dismissal of over 50 employees, about 12% of its global workforce.
Employees in the Netherlands, the US, Canada, and UK are affected by the internal restructuring programme. According to HackerOne, the company is suffering from the global effects of the economic slowdown like many tech companies. There is no indication available on how many employees precisely are affected in which countries. The redundant staff members are to receive severance packages.
Eurofound (2023), HackerOne, Internal restructuring in World, factsheet number 200380, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/200380.
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...
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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...
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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...
