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.
Naval Service, the Irish maritime defence force, announced a recruitment plan for 163 sailors in 2025. Recruitment is already under way, with 84 recruits inducted by the end of August and a similar number expected to join before the end of the year. Alongside the new hires, 33 sailors are slated for discharge, all of whom are direct dismissals.
The recruitment drive is aimed at addressing a long‑running crisis in recruitment and retention within the Defence Forces, which has been particularly acute in the Naval Service and has reduced operational capacity. Falling personnel numbers have contributed to a sharp decline in patrol days in recent years, prompting concerted efforts by the authorities to rebuild staffing levels.
The expansion aligns with the government’s LOA2 strategy to grow the Naval Service by 700 personnel by 2028 and reach a total of 1,794 staff. That compares to a recruitment total of 97 in 2024, 68 in 2023, and just 28 in 2022.
Eurofound (2025), Naval Service, Business expansion in Ireland, factsheet number 204456, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/204456.
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...
