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 min
10/02/2023 Finland YIT Internal restructuring Construction 150
09/02/2023 Romania Lidl Business expansion Transportation / storage 250
09/02/2023 Poland TMF Group Business expansion Financial services 100
09/02/2023 Sweden Metsä Group Business expansion Manufacturing 100
09/02/2023 Ireland Cognizant Business expansion Professional services 320
09/02/2023 Ireland Microsoft Internal restructuring Information / communication 120
09/02/2023 Estonia Veriff Internal restructuring Information / communication 42
09/02/2023 World Yahoo Internal restructuring Information / communication 1,700
08/02/2023 Netherlands Mercedes-Benz Offshoring/Delocalisation Administrative services 380
08/02/2023 Sweden Ecster Closure Financial services 169
08/02/2023 Portugal Aubay Business expansion Information / communication 250
07/02/2023 Lithuania Danske Bank Business expansion Financial services 100
07/02/2023 France BNP Paribas Personal Finance Internal restructuring Financial services 921
07/02/2023 Poland Grupa Żywiec Closure Manufacturing 100

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