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 min
16/11/2002 Spain Volkswagen Spain Internal restructuring Manufacturing 590
15/11/2002 France WorldCom France Internal restructuring Information / communication 200
14/11/2002 United Kingdom Cable & Wireless Internal restructuring Information / communication 800
14/11/2002 France Jacquemard Internal restructuring Manufacturing 280
14/11/2002 Portugal Blaupunkt Internal restructuring Manufacturing 200
14/11/2002 World AMD Internal restructuring Manufacturing 1,300
13/11/2002 Netherlands Computer Services Solutions CSS & CSS System Integration SI Bankruptcy/Closure Information / communication 435
13/11/2002 Netherlands Wavin KLS Internal restructuring Manufacturing 100
13/11/2002 Ireland Cable & Wireless Internal restructuring Information / communication 170
13/11/2002 World Cable & Wireless Internal restructuring Information / communication 3,500
12/11/2002 France Nestlé Internal restructuring Manufacturing 799
12/11/2002 Portugal Scottwool Bankruptcy/Closure Manufacturing 105
12/11/2002 Germany Frans Maas Internal restructuring Transportation / storage 100
11/11/2002 Italy Pirelli Internal restructuring Manufacturing 200

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