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 rosnąco Planned job reductions min
31/03/2003 France Matra Venture Composites Bankruptcy/Closure Manufacturing 450
28/10/2003 United Kingdom Cadbury Schweppes Internal restructuring Manufacturing 550
21/06/2002 Ireland Nortel's Northern operation Internal restructuring Manufacturing 200
12/12/2003 United Kingdom Royal Mail Internal restructuring Transportation / storage 12,000
06/02/2004 World Schering Internal restructuring Manufacturing 1,550
25/11/2003 World Thomas Cook Internal restructuring Administrative services
20/02/2004 United Kingdom Herdman's Offshoring/Delocalisation Manufacturing 270
30/07/2003 European Union Siemens Mobile Internal restructuring Manufacturing 2,300
05/04/2003 Finland Elcoteq Internal restructuring Manufacturing 86
01/04/2003 Netherlands KLM Royal Dutch Airlines Internal restructuring Transportation / storage 5,000
03/10/2003 Netherlands Dumeco Internal restructuring Manufacturing 375
24/07/2003 World Kodak Internal restructuring Manufacturing 4,500
07/03/2003 Germany ABB Internal restructuring Manufacturing 1,350
16/12/2003 Belgium SML/SMG (Staal Magazijn Genk/Service Magazijn Limburg) Internal restructuring Transportation / storage 248

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