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 ascending Planned job reductions min
31/08/2017 World Thyssenkrupp Internal restructuring Manufacturing 1,500
08/09/2017 France Société Le Nickel (SLN) Internal restructuring Mining / quarrying 300
06/09/2017 France Nokia Internal restructuring Administrative services 597
07/09/2017 France GM&S Merger/Acquisition Manufacturing 156
08/09/2017 Norway Kongsberg Defense & Aerospace Internal restructuring Manufacturing 130
31/08/2017 Germany Otto Bock Internal restructuring Manufacturing 50
27/11/2017 France Société Générale Internal restructuring Financial services 900
27/11/2017 Finland Ilmarinen Merger/Acquisition Financial services 180
17/11/2017 Netherlands Siemens Closure Manufacturing 600
15/11/2017 United Kingdom KCom Closure Administrative services 130
01/12/2017 United Kingdom Royal Bank of Scotland Internal restructuring Financial services 680
29/11/2017 United Kingdom Yorkshire Building Society Closure Financial services 250
01/12/2017 United Kingdom Thomas Cook Internal restructuring Administrative services 400
28/11/2017 United Kingdom Babcock International Group Internal restructuring Manufacturing 250

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