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.
Kinetic Concepts (KCI), a U.S based medical technology group, has announced plans to open a new site in Athlone that will create 250 new jobs by September 2012. The firm has recruited seven staff as of September 2007, and expects to create the first 50 jobs by the end of 2007. Recruitment of the remaining 200 employees is to be linked to future growth requirements.
The company, whose headquarters are in San Antonio in Texas, designs, manufactures, markets and services a range of advanced wound care and therapeutic surface products to improve clinical outcomes in patients. KCI employs 6,300 people worldwide and in 2006 had net profits of 195.5 million USD (140 million EUR) on revenues of 1.37 billion USD.
Eurofound (2007), Kinetic Concepts, Business expansion in Ireland, factsheet number 65821, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/65821.
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...
