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 Social Insurance Institution of Finland, Kela, is to hire 300 new employees to work with income support. The Finnish municipalities have previously been in charge of the payment of income support, but Kela took over the responsibility at the beginning of 2017, which led to an expansion of the authority. Kela hired 750 new employees at the end of 2016 in order to cope with the additional work, but additional employees are needed to handle the application and payment process. Queues for customer service support and for receiving a decision and payment of income support have been long, signifying a need for additional resources. Kela anticipates that more and more applications for income support will be filed through the online applications system, which will decrease the work load of the income support unit in the future.
Eurofound (2017), The Social Insurance Institution of Finland, Business expansion in Finland, factsheet number 90430, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/90430.
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...
