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.
Flutter Entertainment, the Irish betting and gambling group Flutter Entertainment, announced of around 300 redundacies in its office, Betfair Romania Development, located at Cluj-Napoca. Flutter Entertainement 2026 - RO In addition in the Flutter group, around 240 positions at Dublin are reported as at risk, Flutter Entertainment 2026 - IE while plans to close up to 100 Paddy Power agencies could affect another 400 jobs across Ireland and the United Kingdom.
The decision is part of a broader restructuring that could see up to 1,400 positions eliminated across the United Kingdom and Ireland division. The cuts are driven by rising tax burdens in the United Kingdom, which have increased from 21 % to 40 % for casino and slot operators since April 2026.
Betfair Romania Development employs about 2,400 people, including contractors, before the layoffs.
Eurofound (2026), Betfair Development, Internal restructuring in European Union, factsheet number 301381, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/301381.
While large-scale redundancies at major manufacturers dominate the headlines, the true impact of this restructuring is being felt most acutely within the wider supply chain. This article examines the uneven distribution of job losses, the growing geographical shifts in production,...
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,...
