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.
Polish new IT company Asseco Data Systems (ADS), a subsidiary of Asseco group, has announced that it will create around 300 new jobs at its ten units across Poland by the end of June 2016. ADS was established in January 2016 by merging six units of Asseco: Unizeto Technologies, PI Zeto Bydgoszcz, ADH-Soft, Z.U.I Otago, CK Zeto Łódź and Combidata Poland. The estimated sales of ADS are to reach PLN 450 million (EUR 102.91 million USD 112.50 million) in 2016. ADS provides cyber security services and solutions for local and regional governments.
Asseco, founded in 1991, is one of the largest software company listed on the Warsaw stock exchange and the largest IT services provider in CEE. Asseco group operates in 54 countries and employs over 20,000 people.
Eurofound (2016), Asseco Data Systems, Business expansion in Poland, factsheet number 86666, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/86666.
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...
