EMCC European Monitoring Centre on Change


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 25,000 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 minaflopend sorteren
20/03/2012 European Union Tieto Internal restructuring Information / communication 1,300
18/04/2012 Germany First Solar Internal restructuring Manufacturing 1,300
06/08/2020 United Kingdom Travelex UK Internal restructuring Financial services 1,309
29/07/2004 Ireland Aer Lingus Internal restructuring Transportation / storage 1,325
15/11/2011 European Union Aviva Internal restructuring Financial services 1,334
07/10/2013 Italy Monte dei Paschi di Siena Internal restructuring Financial services 1,334
25/02/2016 Spain El Corte Inglés Internal restructuring Retail 1,340
30/08/2002 Germany Strabag Beteiligungs Internal restructuring Construction 1,342
27/04/2015 Italy Auchan Internal restructuring Retail 1,345
26/10/2016 Greece National Bank of Greece Internal restructuring Financial services 1,350
25/05/2016 Finland Microsoft Mobile Closure Manufacturing 1,350
18/10/2009 Italy VDC Technologies Closure Manufacturing 1,350
31/01/2005 World Siemens Com Internal restructuring Manufacturing 1,350
23/10/2008 Sweden Volvo Construction Equipment Internal restructuring Manufacturing 1,350