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
11/12/2007 World Novartis Internal restructuring Manufacturing 2,500
02/10/2009 European Union Landesbank Baden-Würtemberg (LBBW) Internal restructuring Financial services 2,500
25/08/2009 World Oerlikon Internal restructuring Manufacturing 2,500
09/01/2009 World Lenovo Internal restructuring Manufacturing 2,500
26/01/2009 United Kingdom Corus Internal restructuring Manufacturing 2,500
19/02/2009 United Kingdom Stylo Closure Retail 2,500
15/04/2009 European Union Air France-KLM Internal restructuring Transportation / storage 2,500
12/06/2009 Czechia New World Resources (NWR) Internal restructuring Mining / quarrying 2,500
09/07/2009 World Northwest Airlines Internal restructuring Transportation / storage 2,500
27/02/2006 United Kingdom Cable and Wireless Internal restructuring Manufacturing 2,500
11/09/2005 United Kingdom Morrisons Merger/Acquisition Retail 2,500
28/01/2006 Spain ADIF Internal restructuring Transportation / storage 2,500
14/07/2005 United Kingdom Cooperative Insurance Services Internal restructuring Financial services 500 2,500
11/05/2005 World National Australia Bank Internal restructuring Financial services 2,500

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