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 25,000 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 Companysorter stigende Restructuring type Sector Planned job creation Planned job reductions min
05/09/2002 World Zurich Financial Services Internal restructuring Financial services 4,500
07/04/2004 United Kingdom Zurich Financial Services Internal restructuring Financial services 450
08/08/2006 United Kingdom Zurich Financial Services Bankruptcy/Closure Financial services 500
18/08/2006 Germany Zurich Financial Services Internal restructuring Financial services 1,000
03/07/2008 United Kingdom Zurich Internal restructuring Financial services 190
06/07/2011 United Kingdom Zurich Internal restructuring Financial services 122
12/09/2012 United Kingdom Zurich Internal restructuring Financial services 200
07/11/2013 United Kingdom Zurich Internal restructuring Financial services 121
23/09/2015 Germany Zurich Internal restructuring Financial services 825
09/11/2015 United Kingdom Zurich Internal restructuring Financial services 440
29/04/2020 Germany Zur-Mühlen-Gruppe Closure Manufacturing 160
04/05/2009 Romania Zumtobel Lighting Offshoring/Delocalisation Manufacturing 180
06/09/2005 Romania Zumtobel Business expansion Manufacturing 100
09/12/2008 World Zumtobel Internal restructuring Manufacturing 850

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