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.
Challenger bank Starling has announced plans to create 398 new jobs in the UK. The jobs are being supported by a 100 million GBP grant (€117 million) from the Capability and Innovation Fund. The first reports contained little information on the nature and location of the jobs, but subsequent reports have suggested that there will be new offices in Southampton which will house 150 staff, the majority of whom will be new recruits to the company. These staff will be in customer support (100 positions) and software engineer roles (50 positions). The new office in Southampton will be open sometime in the summer of 2019. There is no further information about where and when the remainder of the jobs will be created.
Eurofound (2019), Starling Bank, Business expansion in United Kingdom, factsheet number 97356, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/97356.
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...
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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...
