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.
The Finnish software company Vincit has announced it will start cooperation negotiations that could lead to the dismissal of 45 employees. Approximately 375 of the company's employees are covered by the negotiations, which concern personnel at Vincit's service business activities.
According to the company's announcement, it aims "to adapt the company's organisational structure to respond to the rapid AI revolution and to adjust the number of employees to the prevailing market situation".
At the beginning of 2026, the company had already cut down its organisation by 10 persons among management, sales and business support roles.
Vincit had 446 employees in Finland in 2024. It also has business locations in Sweden, Poland, Portugal and the US.
Eurofound (2026), Vincit, Internal restructuring in Finland, factsheet number 204382, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/204382.
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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