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.
Western Union, an industry leader in global money transfer, is to set up its new global operations center in Vilnius by the end of 2010. According to the mangement, over 200 new jobs will be created in the center in Vilnius during the coming three years. The Lithuanian Ministry of Economy has already signed a Letter of Intent with the company.
UPDATE - 05-05-2011: According to latest news, the company has employed 460 people, i.e. 260 people more than originally announced.
Eurofound (2010), Western Union, Business expansion in Lithuania, factsheet number 70617, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/70617.
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...
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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...
