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 creation Planned job reductions minsort ascending
22/01/2003 World Eastman Kodak Internal restructuring Manufacturing 28,000
03/12/2010 Poland Administration of the government Internal restructuring Public administration and defence 28,000
22/12/2008 United Kingdom Woolworths Bankruptcy/Closure Retail 27,000
15/06/2006 World Mittal Steel Merger/Acquisition Manufacturing 26,000
09/06/2015 World HSBC Internal restructuring Financial services 25,000
16/09/2015 World Hewlett Packard Enterprise Internal restructuring Information / communication 25,000
16/09/2008 World Hewlett-Packard Merger/Acquisition Information / communication 12000 24,600
10/01/2019 World Ford Internal restructuring Manufacturing 24,000
31/07/2007 France Service Public Francais Internal restructuring Public administration and defence 22,900
25/09/2018 World Novartis Internal restructuring Manufacturing 700 22,000
05/07/2002 World Babcock Börsig Bankruptcy/Closure Utilities 22,000
09/02/2006 Germany Volkswagen Internal restructuring Manufacturing 20,200
13/12/2005 Germany City-State of Berlin Internal restructuring Public administration and defence 20,000
21/10/2003 World Sony Internal restructuring Manufacturing 20,000

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