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 banking and insurance company Intesa San Paolo announced the hiring of 170 new staff recruited through the new recruiting game 'Make It Real' developed by the company to select candidates.
The workers will first enter the company through a 6 months internship, and then be hired as financial consultants with a mixed contract, a new hiring instrument which combines a part-time open ended contract with a self-employment contract.
These new hirings are part of a broader recruitment wave which will involve 300 workers in total, all to be hired through the new mixed contract.
Intesa San Paolo is an Italian multi-national group which employs around 97,000 workers, almost 73,000 in Italy and 24,000 worldwide; the bank has a total of almost 5,300 branches worldwide.
Eurofound (2019), Intesa San Paolo, Business expansion in Italy, factsheet number 97577, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/97577.
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...
