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 creationaflopend sorteren Planned job reductions min
22/04/2003 World BMG Merger/Acquisition Information / communication 400
10/03/2003 Netherlands Organon NV Internal restructuring Manufacturing 150
07/01/2003 France CGA Bankruptcy/Closure Financial services 160
06/06/2003 United Kingdom Shorts Internal restructuring Manufacturing 1,050
28/06/2002 Germany PixelNet AG Internal restructuring Professional services 161
09/11/2002 World Thomas Cook Internal restructuring Administrative services 1,200
08/10/2002 Belgium Bayer Belgium Internal restructuring Manufacturing 430
18/07/2003 Austria Spardat Internal restructuring Information / communication 150
19/11/2003 World Fugro NV Merger/Acquisition Mining / quarrying 400
20/06/2003 Ireland Lucent Technologies Internal restructuring Manufacturing 120
21/05/2002 World British Airways Internal restructuring Transportation / storage 13,000
31/12/2002 Spain Puigneró Bankruptcy/Closure Manufacturing 212
14/01/2004 Ireland Phillips Offshoring/Delocalisation Manufacturing 150
17/08/2002 Netherlands IBM Internal restructuring Information / communication 300

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