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.The full dataset can be made available for non-commercial research purposes. If interested, please submit a request to access the ERM dataset.

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
17/10/2022 Portugal Global Business Services Porto Offshoring/Delocalisation Administrative services 300
17/10/2022 France Axa Group Operations Internal restructuring Financial services 100
17/10/2022 Ireland Fidelity Investments Business expansion Financial services 300
17/10/2022 Ireland Amazon Business expansion Retail 500
17/10/2022 Finland Lujabetoni Business expansion Manufacturing 100
15/10/2022 Czechia Czech public administration Business expansion Public administration and defence 8683
14/10/2022 Cyprus Melco Resorts & Entertainment Business expansion Hotel / restaurants 1000
14/10/2022 Spain Novartis Internal restructuring Manufacturing 220
14/10/2022 Ireland GE Healthcare Business expansion Manufacturing 140
13/10/2022 France Clestra Hauserman Merger/Acquisition Construction 86
13/10/2022 Slovenia Lek Business expansion Manufacturing 100
13/10/2022 Sweden Kavall Business expansion Transportation / storage 200
13/10/2022 Germany ThyssenKrupp Business expansion Manufacturing 100
13/10/2022 Spain Ikea Iberica Business expansion Retail 1500

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