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
31/07/2002 Ireland Elan Internal restructuring Manufacturing 320
30/07/2002 France Vivendi Universal Internal restructuring Information / communication 100
29/07/2002 Austria Fürnkranz Internal restructuring Manufacturing 150
26/07/2002 Belgium HP - Compaq Merger/Acquisition Manufacturing 165
26/07/2002 World Avaya Internal restructuring Information / communication 2,500
25/07/2002 World Corning Internal restructuring Manufacturing 4,400
25/07/2002 Belgium Continental Bankruptcy/Closure Manufacturing 600
25/07/2002 Portugal Lobo & Irmão Bankruptcy/Closure Manufacturing 110
25/07/2002 United Kingdom ASW Bankruptcy/Closure Manufacturing 800
25/07/2002 Portugal Lobo & Irmão Bankruptcy/Closure Manufacturing 110
24/07/2002 Germany Winkler+Dünnebier AG Internal restructuring Manufacturing 150
24/07/2002 European Union Crédit Lyonnais Internal restructuring Financial services 1,230
24/07/2002 World Lucent Tehnologies Internal restructuring Manufacturing 7,000
22/07/2002 France Groupe Lefebvre Bankruptcy/Closure Manufacturing 330

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