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.
The insurance company Opteven, which specialises in the automotive and mobility sectors and is headquartered in Villeurbanne (69), has announced the opening of a new site in Le Puy-en-Velay (43) in June 2024, for which recruitment has been launched. The opening is expected to create around a hundred jobs within a year. All employees recruited will receive in-house training at the company's future site. Opteven covers 1.6 million vehicles across Europe, with operations in France, the UK, Italy, Spain and Germany. The Auvergne-Rhône-Alpes Region is paying for the fitting-out of the premises, the fibre optic connection and the training of the new employees, who have been recruited with no previous experience. A former recruitment announcement has been recorded in the ERM Database with 161 job creations in 2022 Opteven-2022-FR
Eurofound (2024), Opteven, Business expansion in France, factsheet number 200901, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/200901.
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...
