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 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 date Country Company Restructuring type Sector Planned job creationsort descending Planned job reductions min
12/09/2003 France PUM Internal restructuring Retail 134
21/10/2003 Finland Pohjola Internal restructuring Financial services 150
28/07/2003 World Deutsche Bank Outsourcing Financial services 5,500
03/09/2003 Denmark Danish Crown Internal restructuring Manufacturing 480
03/04/2003 Finland Finnair Internal restructuring Transportation / storage 1,200
20/02/2004 Italy Antonio Merloni Offshoring/Delocalisation Manufacturing 450
17/03/2003 France Gillette Internal restructuring Manufacturing 65
01/05/2003 Ireland Celestica Internal restructuring Manufacturing 310
21/08/2002 France Viasystems Bankruptcy/Closure Manufacturing 275
22/08/2002 World Rolls-Royce Internal restructuring Manufacturing 5,000
06/12/2002 Netherlands Sanoma Internal restructuring Information / communication 150
14/08/2003 France Avenir Telecom Internal restructuring Information / communication 180
21/08/2003 United Kingdom PowerHouse Internal restructuring Retail 800
11/12/2002 Sweden Volvo Articulated Haulers Internal restructuring Manufacturing 100

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