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.

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
18/03/2010 World Siemens IT Solutions and Services (SIS) Internal restructuring Information / communication 4,200
13/10/2005 Romania Romarm Internal restructuring Manufacturing 4,296
27/03/2003 United Kingdom Shell Outsourcing Mining / quarrying 4,300
18/07/2002 Germany Commerzbank AG Internal restructuring Financial services 4,300
29/06/2002 World Xerox Internal restructuring Manufacturing 4,300
28/02/2007 France Airbus Internal restructuring Manufacturing 4,300
26/10/2011 European Union PSA Peugeot Citroën Internal restructuring Manufacturing 4,300
05/12/2007 World Bristol Myers Squibb Internal restructuring Manufacturing 4,300
09/12/2013 European Union European Aeronautic Defence and Space Company (EADS) Internal restructuring Manufacturing 4,300
24/10/2012 Belgium Ford Closure Manufacturing 4,340
05/07/2017 Italy Monte dei Paschi di Siena Internal restructuring Financial services 500 4,350
29/01/2019 World SAP Internal restructuring Information / communication 8000 4,400
25/07/2002 World Corning Internal restructuring Manufacturing 4,400
16/08/2004 Poland Ispat Polska Stal Internal restructuring Manufacturing 4,400

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