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.
Following the excellent results achieved in 2023, ITA Airways announced fleet growth, which will increase by around 95 new aircraft by the end of the year. This expansion will result in the hiring of around 700 new employees. Of these, 500 will be hired on a permanent basis, divided between 90 pilots, 330 flight attendants and 55 ground staff. The remaining 200, on the other hand, will be hired on a temporary basis, relative to the summer situation and thus for seasonal employment.
These investments coincide with the company's desire to increase the number of employees to over 5,000 by the end of 2024.
Eurofound (2024), ITA Airways, Business expansion in Italy, factsheet number 200795, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/200795.
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...
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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...
