EMCC European Monitoring Centre on Change


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.The full dataset can be made available for non-commercial research purposes. If interested, please submit a request to access the ERM dataset.

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 datesorter stigende Country Company Restructuring type Sector Planned job creation Planned job reductions min
17/06/2004 United Kingdom HSBC Internal restructuring Financial services 1000 3,500
16/06/2004 Finland Flextronics Offshoring/Delocalisation Manufacturing 150
16/06/2004 United Kingdom Alliance & Leicester Merger/Acquisition Financial services 330
16/06/2004 Netherlands Moeskops Constructie Bankruptcy/Closure Construction 120
16/06/2004 Germany Getrag Hagenmeyer & Cie Internal restructuring Manufacturing 282
15/06/2004 Italy De' Longhi Offshoring/Delocalisation Manufacturing 130
15/06/2004 Portugal Tyco Electronics Offshoring/Delocalisation Manufacturing 200
15/06/2004 Italy Irca Offshoring/Delocalisation Manufacturing 620
12/06/2004 United Kingdom Cabot Financial Business expansion Financial services 250
11/06/2004 Belgium Emgo Internal restructuring Manufacturing 210
10/06/2004 Poland JTT Computer Bankruptcy/Closure Information / communication 400
10/06/2004 Poland Polfa Tarchomin Internal restructuring Manufacturing 200
09/06/2004 United Kingdom Norwich Union Internal restructuring Financial services 950
09/06/2004 United Kingdom Royal London Internal restructuring Financial services 380