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
17/02/2016 Germany Bombardier Internal restructuring Manufacturing 2,200
27/03/2009 European Union SCA Internal restructuring Manufacturing 2,200
24/02/2005 Germany HypoVereinsbank Internal restructuring Financial services 2,200
11/03/2015 Sweden Ericsson Internal restructuring Manufacturing 2,200
15/09/2014 Greece Alpha Bank Internal restructuring Financial services 2,200
12/10/2015 United Kingdom SSI Redcar Closure Manufacturing 2,200
01/10/2015 United Kingdom Credit Suisse Internal restructuring Financial services 2,200
11/09/2012 World Philips Internal restructuring Manufacturing 2,200
12/09/2012 Hungary Flextronics International Internal restructuring Manufacturing 2,200
19/01/2012 Germany Manroland Internal restructuring Manufacturing 2,200
29/09/2011 Romania Nokia Romania Offshoring/Delocalisation Manufacturing 2,200
10/11/2008 United Kingdom Virgin Media Internal restructuring Information / communication 2,200
13/05/2002 United Kingdom BT Ignite Internal restructuring Information / communication 2,200
29/06/2002 European Union Preussag Internal restructuring Administrative services 2,200

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