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.
Credit management company Lowell Group is creating 100 new jobs at its Leeds base. The company currently employs 1,300 in West Yorkshire and a further 250 staff in the south of England. Various customer service roles are being created including in IT, credit and risk. Part of the recruitment campaign aims to find people through the power of social media. It is being launched on the Twitter, LinkedIn and Facebook platforms. A spokesperson for the Lowell group commented that social media was increasingly an increasingly important method of job search for young people and the group's campaign was in response to jobseeker behaviour. It is being reported that the company expects the jobs to be filled within two months.
Eurofound (2016), Lowell Group, Business expansion in United Kingdom, factsheet number 88613, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/88613.
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...
