EMCC European Monitoring Centre on Change

Factsheets

The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media in each EU member state. It has been in existence since 2002.

The map displays the most recent cases. Nation-wide cases are displayed next to the country name.

Recent restructuring cases

The database is updated daily and grows at a rate of approximately 20-30 new entries a week. To date, more than 22,000 restructuring events have been recorded.

In order to be included in the database, an individual case of restructuring must involve the announced loss or creation of at least 100 jobs, or employment effects affecting at least 10% of a workforce of more than 250 people. A restructuring statistics tool is available to explore summary data from the restructuring events database by country, sector and restructuring type.

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Announcement date Country Company Restructuring type Sector Planned job creation Planned job reductions min
13/09/2019 Ireland Emerald Contact Centre Business expansion Administrative services 200
12/09/2019 Belgium Lhoist Internal restructuring Mining / quarrying 117
12/09/2019 Ireland Clearstream Business expansion Financial services 100
11/09/2019 Romania Cognizant Softvision Business expansion Information / communication 500
10/09/2019 Spain Telefónica Internal restructuring Information / communication 3,000
10/09/2019 Hungary Electrolux Lehel Hűtőgépgyár Offshoring/Delocalisation Manufacturing 800
10/09/2019 Finland UPM Internal restructuring Manufacturing 179
09/09/2019 France Baker Tilly Strego Business expansion Professional services 250
09/09/2019 France Wiko Internal restructuring Retail 90
09/09/2019 Poland Zbyszko Company Business expansion Manufacturing 100
06/09/2019 France Hutchinson Offshoring/Delocalisation Manufacturing 100
06/09/2019 Poland Volkswagen Internal restructuring Manufacturing 750
04/09/2019 Belgium KBC Internal restructuring Financial services 1,400
04/09/2019 European Union KBC Internal restructuring Financial services 2,150

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