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 22,000 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.

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Announcement date Country Company Restructuring type Sector Planned job creation Planned job reductions min
25/04/2002 France Andersen France Merger/Acquisition Professional services 1,000
25/04/2002 World Siemens Internal restructuring Manufacturing 13,500
12/04/2002 France AZF Bankruptcy/Closure Manufacturing 360
10/04/2002 Austria Semperit Bankruptcy/Closure Manufacturing 1,350
09/04/2002 France Ruwel Bankruptcy/Closure Manufacturing 350
05/04/2002 France Mitsubishi Electric Bankruptcy/Closure Manufacturing 580
01/04/2002 Ireland SmartForce Internal restructuring Information / communication 421
30/03/2002 World Bull Internal restructuring Manufacturing 2,100
30/03/2002 France Bull Internal restructuring Manufacturing 1,600
29/03/2002 France Solectron Bankruptcy/Closure Manufacturing 438
29/03/2002 France Solectron Bankruptcy/Closure Manufacturing 197
18/03/2002 World EMI Internal restructuring Information / communication 1,800
20/02/2002 Italy Tecumseh Europa Internal restructuring Manufacturing 270
30/09/2001 Germany Adam Opel (General Motors) Internal restructuring Manufacturing 2,500

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