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.
Hilton Worldwide, the multi-national hospitality company based in the USA, will create more than 8500 jobs in Europe (including Turkey and Russia).
Hilton Worldwide is currently developing more than 110 hotels in the region, focusing on strategic growth markets: the UK, Germany, Poland, Russia and Turkey. The company says that an additional 2500 jobs will be safeguarded when existing hotels are converted to Hilton Worldwide brands.
In the UK, 1500 new jobs will be created, with the first new hotel opening in the last quarter of 2011. 400 new positions will open up in Germany and 750 are to be filled in Poland. In Russia, 3000 new roles will be created, while 800 will become available in Turkey.
The corporation has announced its support for schemes to bridge youth unemployment - for instance, engaging with the UK government's Get Britain Working campaign.
Eurofound (2011), Hilton Worldwide, Business expansion in World, factsheet number 72782, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/72782.
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...
