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 datesort ascending Country Company Restructuring type Sector Planned job creation Planned job reductions min
18/12/2002 Germany Bayerische Landesbank Girozentrale Internal restructuring Financial services 700
17/12/2002 Netherlands Delta Internal restructuring Utilities 100
17/12/2002 World Electrolux Internal restructuring Manufacturing 5,091
16/12/2002 United Kingdom Marconi Internal restructuring Manufacturing 3,300
16/12/2002 United Kingdom Business a.m. Bankruptcy/Closure Information / communication 125
16/12/2002 Sweden GGP Sweden AB Internal restructuring Manufacturing 190
15/12/2002 France Alcatel Submarine Networks Internal restructuring Manufacturing 110
14/12/2002 Sweden ABB Internal restructuring Manufacturing 1,000
13/12/2002 Belgium Hoverspeed Bankruptcy/Closure Transportation / storage 197
13/12/2002 France L'outilleur Auvergnat Bankruptcy/Closure Retail 139
13/12/2002 Italy Getronics Internal restructuring Information / communication 500
13/12/2002 Germany AOL Internal restructuring Information / communication 170
13/12/2002 Denmark Wittenborg Internal restructuring Manufacturing 129
13/12/2002 Italy Siemens Relocation Manufacturing 600