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 22,000 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.

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Announcement date Country Company Restructuring type Sector Planned job creation Planned job reductions min
24/06/2002 Ireland WorldCom Internal restructuring Information / communication 180
22/06/2002 World Diageo Merger/Acquisition Manufacturing 1,800
22/06/2002 World Reuters Internal restructuring Information / communication 2,000
22/06/2002 United Kingdom Croda International Bankruptcy/Closure Manufacturing 150
21/06/2002 Ireland Sara Lee underwear manufacturers Internal restructuring Manufacturing 104
21/06/2002 Ireland Nortel's Northern operation Internal restructuring Manufacturing 200
21/06/2002 Ireland Boston Scientific Internal restructuring Manufacturing 250
18/06/2002 United Kingdom AMP Internal restructuring Financial services 1,500
13/06/2002 France Giat Internal restructuring Manufacturing 3,100
13/06/2002 France Béghin-Say Merger/Acquisition Manufacturing 880
13/06/2002 France EMC Internal restructuring Information / communication 180
13/06/2002 France Doux Bankruptcy/Closure Manufacturing 300
13/06/2002 France LDCom Internal restructuring Information / communication 450
12/06/2002 United Kingdom CGNU Internal restructuring Financial services 325

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