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.
Plans to expand Durham Tees Valley Airport, a knock on effect of which will be to help create 2,000 jobs at the airport, have been approved by council chiefs. Currently one million passengers a year travel through Durham Tees Valley Airport, but plans have been unveiled to increase this to three million. People in nearby Long Newton believe roads would not cope with the extra traffic. But Darlington and Stockton councils have both approved the revamp. Hugh Lang, managing director at the airport, said a Low Newton interchange would be built to cope with extra traffic. He also said the revamp would create 2,000 airport jobs and an extra 1,000 'spin-off' jobs in the area because of the expansion and extra visitors. Work at the airport would not be completed until 2008.
Eurofound (2006), Durham Tees Valley Airport, Business expansion in United Kingdom, factsheet number 64624, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/64624.
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...
