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 22,000 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.

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Announcement date Country Company Restructuring type Sector Planned job creation Planned job reductions min
16/05/2002 France Pêcheries de Fécam Internal restructuring Manufacturing 105
16/05/2002 World Man Technologie Internal restructuring Manufacturing 6,000
15/05/2002 United Kingdom Lattice Internal restructuring Mining / quarrying 2,400
15/05/2002 Belgium Ford Internal restructuring Manufacturing 1,400
15/05/2002 Belgium Techspace Aero Internal restructuring Manufacturing 150
15/05/2002 Belgium Techspace Aero Internal restructuring Manufacturing 150
15/05/2002 United Kingdom AXA Insurance Internal restructuring Financial services 1,000
15/05/2002 World WestLB Internal restructuring Financial services 1,500
15/05/2002 Netherlands Alcatel Internal restructuring Manufacturing 323
14/05/2002 United Kingdom Glanbia Consumer Bankruptcy/Closure Manufacturing 717
14/05/2002 Netherlands Enka Bankruptcy/Closure Manufacturing 550
14/05/2002 Ireland Usit Merger/Acquisition Administrative services 300
14/05/2002 France Express & Expans Merger/Acquisition Information / communication 111
14/05/2002 World Philips Internal restructuring Manufacturing 12,860

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