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.
Stockton based engineering and construction firm Aker Solutions is creating 100 jobs over the next 12 months. After moving to new premises two years ago this latest announcement comes after the company has already doubled its workforce from 300 to 600. The jobs are being created in response to an expanding client base; many of the jobs will commence as temporary posts, but with a view to becoming permanent. The company has received a £1.4m grant for Business Investment from regional development agency One North East, and is especially keen to hear from employees of Corus' Teeside Cast Projects in Cleveland whose jobs are under threat from redundancy. Ian Williams, One North East's director of business and industry, said: "Aker Solutions is a major North-East employer whose renewed success from its Tees Valley base is a shining example of how the North-East can play home to internationally important firms." Minister for the North-East Nick Brown MP said: "Aker Solutions deserves a lot of credit for successfully strengthening and expanding its business."
Eurofound (2010), Aker Solutions, Business expansion in United Kingdom, factsheet number 70494, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/70494.
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...
