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.
In December 2006, US-based Company Solectron Corporation, the leading global provider of electronics manufacturing services and integrated supply chain solutions, announced the building a new high-tech repair centre in the Czech Republic. The site was to be located in Plzeň and the grand opening ceremony was scheduled to take place during spring of 2007. The company promised to employ at least 100 highly-skilled personnel. According to CzechInvest Agency representative, the company would need about 50 graduates in its repair centre and even more people in the support services. Solectron planed to invest more than 3.5 million EUR in Plzeň.
On 5 June 2007, the company announced the opening of a service centre for Europe in Plzeň where currently employs some 60 people. In the horizon of 2010, the foreign investor intends to hire a total 1,000 workers. It was also reported that the company has agreed to be acquired by its rival Flextronics at the end of 2007.
Eurofound (2006), Solectron Corporation, Business expansion in Czechia, factsheet number 64608, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/64608.
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...
