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.
Workday, a US-based multinational software company, has announced that it will cut 1,750 jobs worldwide in 2025.
The layoffs will affect 142 positions in Dublin, Ireland. The Dublin office, which serves as Workday’s European headquarters, currently employs over 2,000 people. Workday stated that affected employees will be offered redundancy packages in line with local standards. The company emphasised its intention to maintain investment in innovation and growth in Ireland. The restructuring aims to realign company resources toward strategic priorities such as artificial intelligence and platform development.
Founded in 2005, Workday is an American provider of cloud-based enterprise software, specialising in financial management, human capital management (HCM), and student information systems. The company has offices and data centres in North America, Europe (notably Dublin, Ireland as European HQ), and Asia-Pacific, employing more than 10,000 globally.
In 2022, Workday announced a plan to create 1,000 positions in DublinWorkday 2022-IE
Eurofound (2025), Workday, Internal restructuring in World, factsheet number 202818, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/202818.
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...
