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 outgoing CEO of Ericsson's Hungarian unit announced its plans to expand the workforce in the next one and half a year by 200 employees. The Hungarian unit of Ericsson, the world's leading maker of wireless telecommunications equipment, expects to increase the number of researchers by the end of 2007, while the number of staff in services will rise as well. Ericsson Hungary spends about HUF 10 billion a year on innovation. The company controls 70% of Hungary's market for GSM and the second-generation mobile services infrastructure. It is the only company in Hungary to have built a third-generation wireless network. Ericsson Hungary's new CEO said at a press conference that the company aims to achieve a bigger share of the landline and mobile broadband internet market in Hungary.
Eurofound (2006), Ericsson, Business expansion in Hungary, factsheet number 64481, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/64481.
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...
