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.
Karsit Group, a Czech producer of car parts, is to expand its Jaroměř site and create 300 new jobs during 2016.
According to the data of the Automotive Industry Association, 156,000 people are working in the Czech automotive industry. The average wage in this segment is significantly higher than the national average - a difference of up to 23 %. Thanks to the recovery of the European market, car makers have increased their production. The latest macroeconomic data in recent months indicate that this trend will continue and the automotive industry is expected to increase its number of workers.
Eurofound (2016), Karsit Group, Business expansion in Czechia, factsheet number 86332, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/86332.
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...
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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...
