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.

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
11/11/2008 World Goldman Sachs Internal restructuring Financial services 3,250
20/08/2004 World Nortel Networks Corporation Bankruptcy/Closure Manufacturing 3,250
02/04/2004 World Sun Microsystems Internal restructuring Information / communication 3,300
23/09/2004 United Kingdom Norwich Union Offshoring/Delocalisation Administrative services 3,300
16/12/2002 United Kingdom Marconi Internal restructuring Manufacturing 3,300
28/01/2009 World SAP Internal restructuring Information / communication 3,300
08/10/2008 World Volvo Internal restructuring Manufacturing 3,300
06/07/2020 United Kingdom Pret a Manger Internal restructuring Hotel / restaurants 3,300
15/01/2009 Poland Stocznia Gdynia Internal restructuring Manufacturing 3,350
08/10/2008 United Kingdom Hewlett-Packard Merger/Acquisition Information / communication 3,378
26/11/2008 European Union Skanska Internal restructuring Construction 3,400
05/12/2008 United Kingdom HMRC Internal restructuring Public administration and defence 3,400
03/07/2002 Germany Mühl Product & Service AG Relocation Construction 3,400
11/08/2010 Germany Opel Internal restructuring Manufacturing 3,400

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