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.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 date Country Company Restructuring type Sector Planned job creation Planned job reductions minaufsteigend sortieren
10/01/2004 World Philips Internal restructuring Manufacturing 60,000
01/03/2001 World Ericsson Internal restructuring Manufacturing 60,000
17/06/2008 France Army/National security Internal restructuring Public administration and defence 54,000
18/11/2008 World Citigroup Internal restructuring Financial services 52,000
11/08/2010 Romania Ministerul Administratiei si Internelor Internal restructuring Public administration and defence 50,000
19/02/2009 World General Motors Internal restructuring Manufacturing 47,000
05/10/2020 World Cinemaworld Internal restructuring Information / communication 45,000
07/12/2020 World Lufthansa Internal restructuring Transportation / storage 39,000
18/02/2020 World HSBC Internal restructuring Financial services 35,000
08/05/2006 Germany Deutsche Telekom Internal restructuring Information / communication 6000 32,000
21/06/2011 France Public administration Internal restructuring Public administration and defence 30,401
09/09/2011 World Bank of America Internal restructuring Financial services 30,000
18/11/2016 World Volkswagen Internal restructuring Manufacturing 30,000
10/12/2008 World Bank of America Merger/Acquisition Financial services 30,000

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