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 Company Restructuring type Sector Planned job creation Planned job reductions min
29/06/2002 European Union Preussag Internal restructuring Administrative services 2,200
28/06/2002 Germany PixelNet AG Internal restructuring Professional services 161
28/06/2002 Belgium Casterman Bankruptcy/Closure Manufacturing 278
27/06/2002 Ireland ESB Internal restructuring Utilities 2,000
26/06/2002 Spain Cap Gemini Internal restructuring Information / communication 267
26/06/2002 France Lejaby Offshoring/Delocalisation Manufacturing 231
26/06/2002 World Motorola Internal restructuring Manufacturing 7,000
26/06/2002 World Alcatel Internal restructuring Manufacturing 10,000
26/06/2002 European Union Cap Gemini Internal restructuring Information / communication 5,000
25/06/2002 United Kingdom Massey Ferguson Bankruptcy/Closure Manufacturing 1,000
25/06/2002 France Bekaert Internal restructuring Manufacturing 167
24/06/2002 World WorldCom Internal restructuring Information / communication 17,000
24/06/2002 Ireland WorldCom Internal restructuring Information / communication 180
22/06/2002 World Diageo Merger/Acquisition Manufacturing 1,800

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