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.
KPIT-Infosystems Central Europe, the Polish unit of KPIT Cummins (India's IT company) announced that it started to operate in Wrocław, where an information and accounting services centre was opened. The Centre is going to provide services to KPIT Cummins's customers from all over the world. It has just started recruiting accountants. By March 2007 the company will have employed more than 100 people. By the end of July 2011 this number is to be increased to 500. The Wrocław-based services centre will specialise in business and IT outsourcing services for corporate customers. The estimated value of the investment is up to USD 20 million.
Eurofound (2006), KPIT Infosystems Central Europe, Business expansion in Poland, factsheet number 64180, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/64180.
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...
