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 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
21/07/2016 Spain Banco Popular Merger/Acquisition Financial services 2,900
24/09/2018 Germany Siemens Internal restructuring Manufacturing 2,900
17/03/2020 United Kingdom Dixons Carphone Internal restructuring Retail 2,900
24/07/2008 European Union TeliaSonera Internal restructuring Information / communication 2,900
27/04/2011 Finland Nokia Outsourcing Manufacturing 2,900
31/01/2012 Germany Nokia Siemens Networks Internal restructuring Manufacturing 2,900
11/04/2013 Germany Siemens Industry Sector Internal restructuring Manufacturing 2,900
11/06/2013 Greece Hellenic Broadcasting Corporation Closure Information / communication 2,902
22/04/2021 Spain BBVA Internal restructuring Financial services 2,935
18/05/2022 World Vallourec Internal restructuring Manufacturing 2,950
05/06/2020 World Hutchinson Internal restructuring Manufacturing 3,000
01/05/2020 United Kingdom Rolls-Royce Internal restructuring Manufacturing 3,000
26/01/2023 World SAP Internal restructuring Information / communication 3,000
03/06/2011 Italy Intesa Sanpaolo Internal restructuring Financial services 3,000

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