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.
Facebook has announced that it will create 500 new positions when it opens its new UK headquarters in London in 2017. The majority of the new staff will be based in the Fitzrovia site which is currently being developed, and some jobs may be located in Somerset where the company also has operations. A variety of roles will be available including engineers, marketers and sales staff. The exact date for the launch of the new headquarters is not known. The announcement of the new jobs was made at the Confederation of British Industry (CBI) Conference and a spokesperson for Facebook commented that the UK is still one of the best places for a tech company to be located. The decision for Facebook to recruit more staff has been seen as calming fears that the vote to leave the UK would discourage international companies from being UK-based.
Eurofound (2016), Facebook, Business expansion in United Kingdom, factsheet number 89318, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/89318.
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...
