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.
Czech travel agency and flight-search platform Kiwi.com has announced that it will cut about 200 jobs worldwide.
The layoffs will affect staff in the Czech Republic, Slovakia, Spain and the UK. The move is part of a larger restructuring programme which includes revising organisational structures, optimising operational processes, and adjusting workforce levels to the current business needs.
The company was founded in 2012 under the name Skypicker and changed its name in 2016. Currently, Kiwi.com employs about 1,200 employees in four countries: Czech Republic, Slovakia, Spain, and the UK.
Eurofound (2024), Kiwi.com, Internal restructuring in World, factsheet number 201241, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/201241.
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...
