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 consultancy firm EY Luxembourg has announced to recruit 400 employees on its fiscal year 2018 (from 1 July 2017 to 30 June 2018) to support its growth on the Luxembourgish market. The firm has currently 1,350 employees and has already recruited 200 people on its fiscal year 2017 (from 1 July 2016 to 30 June 2017). EY Luxembourg records revenue of €197 million for its fiscal year ending on 30 June 2017, representing a growth of 10.6% over the previous year (€178 million).
Eurofound (2017), EY Luxembourg, Business expansion in Luxembourg, factsheet number 92325, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/92325.
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...
