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
25/05/2002 Germany Dresdner Bank Internal restructuring Financial services 7,800
27/05/2002 United Kingdom M&G Bankruptcy/Closure Financial services 600
27/05/2002 Netherlands Planet media Internal restructuring Information / communication 172
28/05/2002 Netherlands Dixons Bankruptcy/Closure Retail 110
29/05/2002 Netherlands Baan Internal restructuring Information / communication 130
29/05/2002 World Nortel Networks Corporation Internal restructuring Manufacturing 3,500
29/05/2002 Germany Peguform Gmbh Bankruptcy/Closure Manufacturing 5,500
30/05/2002 United Kingdom Barclays Internal restructuring Financial services 1,000
30/05/2002 European Union Lycos Europe Internal restructuring Information / communication 900
30/05/2002 Netherlands Rbv Leaf Relocation Manufacturing 165
31/05/2002 Finland Kalmar Industries Offshoring/Delocalisation Manufacturing 150
31/05/2002 United Kingdom BP Internal restructuring Mining / quarrying 800
31/05/2002 Finland TTT Technology Internal restructuring Manufacturing 150
31/05/2002 Finland L-fashion group Offshoring/Delocalisation Manufacturing 100

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