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
16/01/2009 Poland PKP Cargo, Internal restructuring Transportation / storage 9,000
07/04/2009 World Royal Bank of Scotland (RBS) Internal restructuring Financial services 9,000
28/01/2019 United Kingdom Tesco Internal restructuring Retail 9,000
28/10/2014 United Kingdom Lloyds Banking Group Internal restructuring Financial services 170 9,000
25/02/2003 Germany HypoVereinsbank Internal restructuring Financial services 9,100
05/10/2006 Poland Mittal Steel Poland Internal restructuring Manufacturing 9,317
10/10/2011 Greece Greek Civil Service Internal restructuring Public administration and defence 9,384
10/11/2008 World DHL Internal restructuring Transportation / storage 9,500
11/09/2020 World MAN SE Internal restructuring Manufacturing 9,500
29/09/2016 World Commerzbank Internal restructuring Financial services 2300 9,600
06/04/2016 European Union Nokia Merger/Acquisition Information / communication 500 10,000
04/02/2016 World Shell Internal restructuring Mining / quarrying 10,000
26/09/2006 European Union PSA Peugeot-Citroën Internal restructuring Manufacturing 10,000
23/01/2007 World Pfizer Internal restructuring Manufacturing 10,000

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