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 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 datesort descending Country Company Restructuring type Sector Planned job creation Planned job reductions min
23/08/2020 Poland Carrefour Internal restructuring Retail 400
24/08/2020 Germany Siempelkamp Internal restructuring Manufacturing 260
24/08/2020 Austria ATB Spielberg Bankruptcy/Closure Manufacturing 300
24/08/2020 France Liebherr Aerospace Internal restructuring Manufacturing 100
24/08/2020 United Kingdom Tesco Business expansion Retail 16000
25/08/2020 Finland Finnair Internal restructuring Transportation / storage 600
25/08/2020 Germany Wirecard Bankruptcy Financial services 730
25/08/2020 Spain Saint-Gobain Closure Manufacturing 122
25/08/2020 United Kingdom Co-operative Bank Internal restructuring Financial services 350
26/08/2020 Belgium Continental Automotive Benelux Offshoring/Delocalisation Manufacturing 140
26/08/2020 Finland UPM Closure Manufacturing 450
26/08/2020 Sweden SCA Closure Manufacturing 800
26/08/2020 Sweden Gränges Internal restructuring Manufacturing 75
26/08/2020 Finland Swissport Finland Internal restructuring Transportation / storage 700