EMCC European Monitoring Centre on Change


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 creation Planned job reductions minsort descending
04/01/2019 Spain CaixaBank Internal restructuring Financial services 2,000
22/06/2018 United Kingdom House of Fraser Internal restructuring Retail 2,000
14/10/2003 Italy Tecnosistemi Bankruptcy/Closure Construction 184 2,000
08/08/2002 United Kingdom Marconi Internal restructuring Manufacturing 2,000
26/02/2004 Germany Volkswagen Internal restructuring Manufacturing 2,000
30/06/2003 United Kingdom Network Rail Internal restructuring Transportation / storage 2,000
10/10/2003 Germany Lufthansa Deutschland AG Internal restructuring Transportation / storage 2,000
11/02/2003 Italy San Paolo IMI Internal restructuring Financial services 2,000
27/06/2002 Ireland ESB Internal restructuring Utilities 2,000
22/06/2002 World Reuters Internal restructuring Information / communication 2,000
07/03/2003 United Kingdom British Telecom Offshoring/Delocalisation Information / communication 2,000
12/03/2004 Germany Siemens Offshoring/Delocalisation Manufacturing 2,000
18/07/2012 Germany Karstadt Internal restructuring Retail 2,000
01/11/2012 Ireland Eircom Internal restructuring Information / communication 2,000