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 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 minsort descending
12/05/2004 World MCI (WorldCom) Internal restructuring Information / communication 7,500
14/02/2003 France France Télécom Internal restructuring Information / communication 7,500
22/06/2006 Germany Allianz AG Internal restructuring Financial services 7,500
15/10/2014 France Ministry of Defence Internal restructuring Public administration and defence 7,500
08/07/2015 World Microsoft Internal restructuring Manufacturing 7,800
24/05/2002 European Union Dresdner Bank Internal restructuring Financial services 7,800
25/05/2002 Germany Dresdner Bank Internal restructuring Financial services 7,800
25/05/2002 Germany Dredsner Bank Internal restructuring Financial services 7,800
21/03/2007 Czechia Czech public administration Internal restructuring Public administration and defence 7,900
18/10/2006 Hungary Földművelésügyi és Vidékfejlesztési Minisztérium Internal restructuring Public administration and defence 8,000
06/05/2008 World UBS Investment Bank Internal restructuring Financial services 8,000
22/06/2007 Poland Schieder Bankruptcy/Closure Manufacturing 8,000
28/01/2009 World Sprint Nextel Internal restructuring Information / communication 8,000
16/02/2016 Netherlands V&D Closure Retail 8,000

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