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.
The Web search engine Qwant has announced the recruitment of 50 employees in 2017, mainly in the south of France and one hundred in 2018, with the aim to reach the threshold of 200 employees by the end of 2018. Qwant was founded in February 2013. In fact, its search engine doesn't track its users and doesn’t filter web content. Qwant promises to users to respect their privacy. Qwant has just succeeded in a fund raising of €18.5 million in addition to the €20 millions received from the Europe Investment Bank. In January 2017, the Qwant Website receive 32 million of visits against 9 millions in January 2016. The company expect to obtain a turnover of €500 millions by 2021 with 1,000 employees.
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Eurofound (2017), Qwant, Business expansion in France, factsheet number 90291, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/90291.
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...
