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.
Security systems company Securitas Direct announced the allocation of €30 million over the next three years to its second headquarters, located in the World Trade Centre of Cornellà de Llobregat (Barcelona). The company has just opened the facilities with 450 workers and will hire for 550 additional positions in order to reach the target of 1,000 employees in Cornellà.
The Cornellà workforce will work in collaboration with the Madrid team to handle more than 16 million annual alarms. The company states that the new facilities allow them to consolidate their presence in Catalonia (where 25% of its clients are based) and to be close to CaixaBank (one of its partners).
Eurofound (2019), Securitas Direct, Business expansion in Spain, factsheet number 99137, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/99137.
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...
