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.
Austrian Airlines AUA, part of the German Lufthansa Group, is to hire 150 new employees in the upcoming year. New staff will operate a new Boeing 777 aircraft which will serve long-distance destinations such as Tokyo and Capetown in 2018. Of the 150 employees, around 30 will be pilots.
Compared with the summer of 2016, when the aircraft carrier ran short of staff, Austrian Airlines now employs 440 more workers than in the previous year. In autumn of 2016, Tokyo was cancelled from the aircraft's flight plan, but since the Japanese market and currency have recovered, its capital will be serviced again soon, according to the CCO of Austrian Airlines.
Eurofound (2017), Austrian Airlines, Business expansion in Austria, factsheet number 91665, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/91665.
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...
