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.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 minsort descending
11/04/2013 World Triumph Internal restructuring Manufacturing 3,050
30/09/2008 Sweden Volvo Trucks Internal restructuring Manufacturing 3,055
08/07/2011 United Kingdom Focus Bankruptcy Retail 3,100
13/06/2002 France Giat Internal restructuring Manufacturing 3,100
13/05/2005 Germany Charité Internal restructuring Health / social work 3,100
17/12/2012 Spain Iberia (IAG) Internal restructuring Transportation / storage 3,140
05/05/2020 United Kingdom Virgin Atlantic Internal restructuring Transportation / storage 3,150
03/10/2016 Belgium ING Internal restructuring Financial services 3,150
26/04/2012 United Kingdom HSBC Internal restructuring Financial services 950 3,167
08/07/2020 Germany Airbus Internal restructuring Manufacturing 3,175
04/12/2013 Netherlands Achmea Internal restructuring Financial services 3,200
04/12/2018 World Thomson Reuters Internal restructuring Information / communication 3,200
13/02/2003 France AirLib Bankruptcy/Closure Transportation / storage 3,200
22/04/2003 World Heidelberger Druckmaschinen AG Internal restructuring Manufacturing 3,200