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.
Safran, a French aerospace and defence group, has announced that it plans to create about 2,000 new jobs across France in 2025.
In Toulouse, the Safran Power Units site will expand its production capacity, doubling its industrial surface by 2029, with employment expected to grow from around 700 to approximately 1,000 employees, supported by around 100 new hires per year in production roles Safran Power Units 2025-FR .
Safran Helicopter Engines, a subsidiary specialising in turbine manufacturing, is to hire 400 employees at the sites of Pau, Bayonne, and Buchelay Safran Helicopter Engines 2025-FR. The majority of positions to be filled are in machining and production.
Safran plans to fill around 50 positions in Châteauroux, covering permanent, fixed-term and temporary contracts, including jobs in logistics, manufacturing, assembly and quality control, with recruitment supported by Manpower.
An additional 1,250 workers will be recruited, along with 5,000 internships.
These hiring initiatives are driven by increased customer demand and long-term growth in aerospace and defence activities, rather than workforce reductions, and take place in a context of tight labour markets for industrial and technical profiles. Founded in 1958, Safran operates worldwide in aerospace, defence and security.
The group employs over 99,000 people worldwide, including over 50,000 in France.
Eurofound (2025), Safran, Business expansion in France, factsheet number 204153, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/204153.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
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...
