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.
Swedish leading telephone company and mobile network operator Telia is to create around 200 new jobs in its Service Centre in Vilnius by the end of 2019. Currently Telia Global Services Lithuania employs 295 employees. According to the management, the number of employees in the Service Centre will grow to 500 in 2019, and is expected to reach 1,000 people over the next few years.
On 1st February 2017, Teo, Omnitel and Baltic Data Center merged into one legal entity under the name Telia Lietuva. Currently Telia Lietuva employs 1,922 employees. Telia Lietuva is part of an international Telia Company Group operating in Nordic and Baltic countries.
Eurofound (2019), Telia Global Services Lithuania, Business expansion in Lithuania, factsheet number 97380, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/97380.
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...
