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 minsorteeri kahanevalt
01/02/2007 World Astra Zeneca Internal restructuring Manufacturing 3,000
07/02/2007 United Kingdom Prudential Offshoring/Delocalisation Financial services 3,000
02/10/2006 Germany Benq-Mobile Bankruptcy/Closure Manufacturing 3,000
03/08/2006 European Union AOL Internal restructuring Information / communication 3,000
11/04/2013 World Triumph Internal restructuring Manufacturing 3,050
30/09/2008 Sweden Volvo Trucks Internal restructuring Manufacturing 3,055
08/07/2011 United Kingdom Focus Bankruptcy Retail 3,100
13/06/2002 France Giat Internal restructuring Manufacturing 3,100
13/05/2005 Germany Charité Internal restructuring Health / social work 3,100
17/12/2012 Spain Iberia (IAG) Internal restructuring Transportation / storage 3,140
03/10/2016 Belgium ING Internal restructuring Financial services 3,150
05/05/2020 United Kingdom Virgin Atlantic Internal restructuring Transportation / storage 3,150
26/04/2012 United Kingdom HSBC Internal restructuring Financial services 950 3,167
08/07/2020 Germany Airbus Internal restructuring Manufacturing 3,175

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