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.
Enterprise cloud computing company Salesforce announced plans to create 500 jobs in Germany in the upcoming months. Through this step, the US-company will triple its German workforce to 750. The company generally plans to expand its business in the homeland of its greatest rival SAP. Beside the recruitment, Salesforce is currently investing in new offices in Munich.
The staff increase is part of the company's Europe-wide expansion strategy. Additionally, Salesforce will create 1,200 jobs throughout Europe.
Salesforce, headquartered in San Francisco, currently employs 13,300 staff worldwide.
Eurofound (2016), Salesforce, Business expansion in Germany, factsheet number 87298, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/87298.
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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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...
