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.
Critical Techworks, a joint venture between Critical Software and BMW, plans to create 100 job positions by the end of 2019 and around 500 positions by the end of 2020. The company is looking for software engineers, cybersecurity experts, mobile app developers, data engineers and scientists. The partnership between the tech company and the car manufacturer has already allowed the joint venture to acquire a new facility with a total area of 10,000 square metres in Porto.
The company aims at developing and building the car of the future, with technologies like autonomous driving, infotainment, intelligent driving assistants and electrification. Currently the company has more than 500 workers.
Eurofound (2019), Critical Techworks, Business expansion in Portugal, factsheet number 98599, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/98599.
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...
