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 27,000 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.

Research carried out prior to the UK’s withdrawal from the European Union on 31 January 2020, and published subsequently, may include data relating to the 28 EU Member States. Following this date, research only takes into account the 27 EU Member States (EU28 minus the UK), unless specified otherwise.

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Announcement date Country Company Restructuring type Sector Planned job creation Planned job reductions minseřadit sestupně
18/08/2020 World Marks and Spencer Internal restructuring Retail 7,000
17/06/2020 France Air France Internal restructuring Transportation / storage 7,000
29/05/2020 Germany ZF Friedrichshafen Internal restructuring Manufacturing 7,500
16/09/2020 World Mahle Internal restructuring Manufacturing 7,600
10/02/2021 World Heineken Internal restructuring Manufacturing 8,000
02/05/2020 World Rolls-Royce Internal restructuring Manufacturing 8,000
06/05/2020 World TUI Internal restructuring Administrative services 8,000
28/01/2021 World Commerzbank Internal restructuring Financial services 10,000
07/07/2020 Germany Lufthansa Internal restructuring Transportation / storage 11,000
29/04/2020 United Kingdom British Airways Internal restructuring Transportation / storage 12,000
01/12/2020 United Kingdom Debenhams Bankruptcy Retail 12,000
01/09/2020 Germany Continental Internal restructuring Manufacturing 13,000
05/05/2020 World GE Aviation Internal restructuring Manufacturing 13,000
30/06/2020 World Airbus Internal restructuring Manufacturing 14,900

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