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.
Thales, a major player in the French high-tech industry, which specialises in secure communications systems, has announced the recruitment of 5,000 people worldwide, of which 2,000 are to take place in France. The company seeks new talent in artificial intelligence and cyber-security. Thales is seeking profiles with diverse backgrounds in terms of nationality, education and professional experience. 40% of new hires will be women. Thales is primarily seeking engineers and managers to work in R&D (software, hardware and systems engineering), but also in manufacturing, customer service and bid and project management. The company is also expanding its Artificial Intelligence research teams. In addition to its current AI staff of 150 people, Thales is recruiting around 30 junior specialists and experts in AI, primarily in France and Canada. As the number of cyberattacks grows, Thales is also expanding its cybersecurity businesses and is seeking to hire 400 cyber specialists worldwide, including 200 in France.
As of July 2018, Thales employs 65,000 people worlwide and about 30,200 in France. A former recruitment announced is recorded in the ERM Database in 2016 (6,000 job creations). A smaller recruitment where also announced in October 2016 by Thales (400 employees for the Cybersecurity, including 200 in France).
Eurofound (2018), Thales, Business expansion in World, factsheet number 94545, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/94545.
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...
