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 date Country Company Restructuring type Sector Planned job creation Planned job reductions minabsteigend sortieren
23/09/2016 World MAN SE Internal restructuring Manufacturing 1,400
06/04/2016 Germany Nokia Merger/Acquisition Manufacturing 1,400
18/06/2019 Germany Siemens Internal restructuring Manufacturing 1,400
05/08/2020 Ireland Bank of Ireland Internal restructuring Financial services 1,400
02/03/2020 Italy Air Italy Bankruptcy Transportation / storage 1,400
04/09/2019 Belgium KBC Internal restructuring Financial services 1,400
08/02/2004 World Assa Abloy Internal restructuring Manufacturing 1,400
08/11/2002 World Getronics Internal restructuring Information / communication 1,400
14/10/2003 World SKF Internal restructuring Manufacturing 1,400
15/05/2002 Belgium Ford Internal restructuring Manufacturing 1,400
06/03/2003 Portugal Indelma Bankruptcy/Closure Manufacturing 1,400
08/07/2003 United Kingdom HSBC Internal restructuring Financial services 1,400
17/06/2003 European Union Getronics Internal restructuring Information / communication 1,400
28/05/2003 Germany Grundig Bankruptcy/Closure Manufacturing 1,400