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.
Tech Mahindra, an Indian IT firm, is to create 200 new jobs in Belfast when it opens a new office in the city. The firm provides IT support to customers worldwide. The multi-million pound investment is being backed by Invest Northern Ireland. Leslie Morrison, chief executive of Invest NI, said it would bring to 2,500 the number of people employed by Indian companies in Northern Ireland. 'This is another landmark investment, the fourth by an Indian Technology company in Northern Ireland,' Mr Morrison. Sanjay Kalra of Tech Mahindra said: 'Our growth requires high class talent with the right attitude and a good work ethic.' 'Belfast has this refreshing attitude and the spirit of innovation in abundance.' 'Our Belfast centre will play a pivotal role in servicing and growing our client base in Europe and North America.'
Eurofound (2007), Tech Mahindra, Business expansion in United Kingdom, factsheet number 65554, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/65554.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
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...
