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 creationsortuj malejąco Planned job reductions min
13/05/2002 France Petitjean Internal restructuring Manufacturing 100
23/05/2003 Belgium Siemens Atea Relocation Manufacturing 489
13/01/2004 United Kingdom Abbey Internal restructuring Financial services 110
29/08/2003 European Union Fortis Internal restructuring Financial services 200
21/10/2003 World Sony Internal restructuring Manufacturing 20,000
12/03/2004 France Roto Frank Offshoring/Delocalisation Construction 101
17/05/2002 France Ericsson Internal restructuring Manufacturing 239
25/04/2003 Netherlands Nationaal Luchtvaart en Ruimtelaboratorium Internal restructuring Manufacturing 175
10/05/2002 Germany Axel Springer Internal restructuring Information / communication 1,400
28/11/2003 European Union Villeroy & Boch Internal restructuring Manufacturing 270
04/02/2003 United Kingdom MyTravel Internal restructuring Administrative services 700
08/07/2003 Netherlands Skil Offshoring/Delocalisation Manufacturing 200
14/05/2002 World Philips Internal restructuring Manufacturing 12,860
19/12/2003 Portugal Fino's Bankruptcy/Closure Manufacturing 260

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