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.
Coolbet, an Estonian online casino and sports betting portal, announced job cuts of up to 134 workers at its main office in Tallinn. According to Head of Operations, Tomas Graham, at Coolbet, VG Estonia has begun a reorganisation process to adapt its operations to changing business needs and market conditions. He stated that the need for redundancies stems from a combination of factors, including business challenges, weaker-than-expected results in the companies’ business lines, and growing regulatory and tax pressures in several of their markets.
They started a formal consultation process on collective reductions, and the final scale of the cuts, as well as the affected positions, will be determined after its completion.
Eurofound (2026), Coolbet, Internal restructuring in Estonia, factsheet number 301362, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/301362.
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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...
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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...
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