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.
(10 - 33) Manufacturing (26 - 27) Manufacture of electrical, electronic and optical products 26.1 - Manufacture of electronic components and boards 26.11 - Manufacture of electronic components
220 jobs Number of planned job creations
Announcement Date
5 April 2019
Employment effect (start)
5 April 2019
Foreseen end date
31 December 2020
Description
The Austrian subsidiary of the German semiconductor manufacturer Infineon Technologies Austria has announced to create 220 new jobs at this research and development center in Linz. The research center ('DICE') is developing high-frequency parts for driver assistance systems. Currently, DICE holds 180 employees; 85 per cent of them are academics. Infineon invests €30 million to expand the site and by the end of 2020 additional 220 employees will be hired. The company is relying on the supply with qualified employees from the local Johannes Kepler University (Linz) as well as the nearby University of Applied Sciences in Hagenberg.
Eurofound (2019), Infineon Technologies Austria AG, Business expansion in Austria, factsheet number 97662, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/97662.
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...