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.
EME Aero, a joint venture between two German aircraft companies, Lufthansa Technik AG (50%) and MTU Aero Engines AG (50%), has announced that it will create 1,000 jobs at its MRO (Maintenance, Repair, Overhaul) centre in Jasionka by the end of 2024. The facility, with a planned annual capacity of more than 450 shop visits by the PW1000G series of geared turbofans, is expected to be operational at the beginning of 2020, but the recruitment process has already started. The company is mainly looking for aircraft mechanics, quality controllers and machine operators. The company has also launched its training centre for the new employees located in the Panatonni Park Rzeszów. The two parties will invest a total amount of around €150 million by 2020.
Eurofound (2019), EME Aero, Business expansion in Poland, factsheet number 96697, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/96697.
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...
