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 Directorate General of External Security (DGSE) announced the recruitment of 600 people in 2019 after having already recruited 700 people in 2018. Most new employees are recruited through an exam. Their mission is to analyse intelligence and geopolitical strategies, to assess the quality of information and to cross-check them if necessary. DGSE targets political science students who have had experience abroad and currently practice fluently at least one foreign language. But the DGSE also recruits directly for ICT skilled positions: cryptography, network architecture, web development, security, hosting, and mathematicians. These profiles will account for two-thirds of the 600 positions recruited in 2019. The net job creations taking into account natural departures and retirements, is around 200, according to a report of the French Senate about the draft bill of finances 2018, which mentions 215 job creations in 2018 and 197 in 2019. For the 2014-2019 period, a total of 822 job net creations were planned.
Eurofound (2018), Direction générale de la sécurité extérieure (DGSE), Business expansion in France, factsheet number 95743, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/95743.
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...
