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 minsort descending
22/06/2002 World Reuters Internal restructuring Information / communication 2,000
07/03/2003 United Kingdom British Telecom Offshoring/Delocalisation Information / communication 2,000
12/03/2004 Germany Siemens Offshoring/Delocalisation Manufacturing 2,000
14/11/2013 United Kingdom Blockbuster Bankruptcy Administrative services 2,000
26/06/2013 United Kingdom Direct Line Internal restructuring Financial services 2,000
25/07/2013 Netherlands Rabobank Internal restructuring Financial services 2,000
09/07/2013 Greece Public Sector Internal restructuring Public administration and defence 2,000
18/04/2013 World Aviva Internal restructuring Financial services 2,000
08/02/2013 European Union ThyssenKrupp Internal restructuring Manufacturing 2,000
13/02/2013 Greece National Bank of Greece Internal restructuring Financial services 2,000
25/10/2013 World Electrolux Internal restructuring Manufacturing 2,000
04/11/2013 Czechia Telefonica Czech Republic Merger/Acquisition Information / communication 2,000
29/10/2020 Poland Santander Bank Polska Internal restructuring Financial services 2,000
14/01/2021 World Norwegian Air Shuttle Internal restructuring Transportation / storage 2,000

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