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.
Red Hat, an American multinational software company, is expanding its Brno site and envisages to add at least 100 new jobs to the existing 900 during 2016. According to experts, the market is getting saturated and it becomes increasingly difficult to hire new IT specialists. There is a general shortage of technically educated people in the Czech Republic. Globally, the firm employs 7,900 people.
Eurofound (2015), Red Hat, Business expansion in Czechia, factsheet number 85400, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/85400.