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 22,000 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.

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Announcement datesort descending Country Company Restructuring type Sector Planned job creation Planned job reductions min
25/04/2002 France Andersen France Merger/Acquisition Professional services 1,000
25/04/2002 World Siemens Internal restructuring Manufacturing 13,500
29/04/2002 Belgium Sidmar Internal restructuring Manufacturing 900
29/04/2002 Sweden Ericsson Internal restructuring Manufacturing 10,000
29/04/2002 Netherlands Etc Internal restructuring Transportation / storage 114
30/04/2002 France Ericsson Internal restructuring Manufacturing 240
01/05/2002 Spain Santander Internal restructuring Financial services 6,000
02/05/2002 France Gemplus Internal restructuring Manufacturing 813
02/05/2002 France Dim Branded Apparel Bankruptcy/Closure Manufacturing 160
03/05/2002 France Lustucru Merger/Acquisition Manufacturing 400
03/05/2002 United Kingdom Telewest Internal restructuring Information / communication 2,500
03/05/2002 Italy Ferrovir dello S Outsourcing Transportation / storage 10,000
04/05/2002 Ireland Solectron Bankruptcy/Closure Manufacturing 375
04/05/2002 Portugal Winterhur Portug Internal restructuring Financial services 85

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