Description
An Office Closing event tracks when a company shuts down a physical office or facility. This data provides insights into business downsizing, market exits, and shifts in operational strategy.
Important: The Office Closing event is available only for recent office closures that occurred within the last quarter (timestamp_from
should be set to the past 3 months). If no office closure was recorded during this period, no data will be returned.
For long-term office location history, refer to the Firmographic Enrichment API.
Use cases
- Market Contraction Analysis: Identify industries or regions where businesses are downsizing.
- Competitive Intelligence: Track competitor office closures to understand their market shifts.
- Economic Indicators: Assess the impact of office closures on local economies and employment.
- Operational Strategy: Monitor company restructuring and realignment decisions.
Data Schema
Event Name "closing_office"
(Use this value in theevent_types
parameter when querying this event.)
"closing_office"
(Use this value in theevent_types
parameter when querying this event.)Signal | API Name | Description | Data Type |
---|---|---|---|
Reason for office closing | reason_for_closure | Text describing the reason for the office closing. | string |
Location of closing office | office_location | Text describing where the office is located. | string |
Number of employees impacted | number_of_employees_affected | Number of employees impacted by the office location closing. | integer |
Title of closing office article | title | Title of published news report or article on company's office closing. | string |
Snippet | snippet | Short excerpt or highlight text summarizing the award or announcement | string |
Link to article | link | Link to article announcing the company's office closing. | url |
Event name | event_name | Name of the event related to office closing. | string |
Event time | event_time | The timestamp indicating when the event actually occurred | datetime |
Query Example
curl -X POST \
"https://api.explorium.ai/v1/businesses/events" \
-H "API_KEY: your_api_key_here" \
-H "Content-Type: application/json" \
-d '{
"event_types": [
"closing_office"
],
"business_ids": [
"8adce3ca1cef0c986b22310e369a0793"
],
"timestamp_from": "2025-01-01T10:03:03.050Z"
}'
Best Practices
- Filter by location (
office_location
) to analyze closures in specific regions. - Track closure reasons (
reason_for_closure
) to understand business decisions. - Monitor employment impact (
number_of_employees_affected
) to assess workforce reductions.
Related Events
- New Product Launch - Launch of a new product
- New Office Opening - Opening of a new office
- Company's Award - Recognition of a company's achievements and accolades