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.
Accenture, which operates in Slovakia since 1992 started with providing outsourcing services for Slovnaft oil refinery in 2002. Currently the subsidiary has five global clients. According to Accenture Slovakia CEO, available qualified labour force with good language skill were decisive when deciding to choose Bratislava as a location for their new business centre. On 7 December 2005, management announced that the subsidiary doubled its staff in Bratislava in November 2005 and some further job creations is foreseen there. According to the director of Slovak subsidiary, Peter Škodný, considering the increasing demand for services provided by the subsidiary in Slovakia, there is a good perspective to employ more people. However, local labour market in not always able to offer enough qualified professionals required for these high quality services.
Eurofound (2005), Accenture Slovakia, Business expansion in Slovakia, factsheet number 61818, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/61818.
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...
