European Restructuring Monitor. EMCC The European Monitoring Centre on Change (EMCC) is a European information and exchange resource, which is being developed.

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Presentation transcript:

European Restructuring Monitor

EMCC The European Monitoring Centre on Change (EMCC) is a European information and exchange resource, which is being developed by the European Foundation for the Improvement of Living and Working Conditions. The European Restructuring Monitor is a tool (of EMCC) designed to provide a quick overview of restructuring activities in Europe and their employment consequences.

European Restructuring Monitor Restructuring cases and employment effects are identified through a press review of daily newspapers and business press (and other sources such as company websites, trade union websites, etc.) in the 25 EU Member States and the two acceding countries: Bulgaria and Romania. Recording all industrial restructuring cases that: -affect at least one EU country; -entail an announced or actual reduction of at least 100 jobs; or -involve sites employing more than 250 people and affecting at least 10% of workforce; or -create at least 100 jobs.

European Restructuring Monitor Offshoring/ delocalisation: When the activity is relocated or outsourced outside of the country's borders. Relocation: When the activity stays within the same company, but is relocated to another location within the same country. Outsourcing: When the activity is subcontracted to another company within the same country. Cases% Cases Internal restructuring % Business expansion % Bankruptcy / Closure % Offshoring / Delocalisation2025.9% Merger / Acquisition % Relocation681.98% Outsourcing200.58% Other160.47% sum % Type of restructuring

European Restructuring Monitor Offshoring / Delocalisation: planned job reductions (%)

European Restructuring Monitor Offshoring / Delocalisation: planned job reductions (%)

European Restructuring Monitor Offshoring / Delocalisation: planned job reductions (%) 2004

European Restructuring Monitor Offshoring / Delocalisation: planned job reductions (%) 2005

European Restructuring Monitor Outsourcing: planned job reductions (%) Country European Union 52,6 21,7 Austria 1,01,6 Denmark 14,1 France 6,0 Germany 3,0 6,9 Ireland 14,72,9 Italy 99,01,6 Latvia 18,1 Netherlands 5,612,0 Poland 11,4 Sweden 21,1 United Kingdom 41,165,6 sum 100,0

European Restructuring Monitor Relocation: planned job reductions (%) Country European Union 5,3 Austria 4,9 Belgium 17,2 1,4 Bulgaria 1,5 Czech Republic 7,01,2 Denmark8,66,05,95,5 Finland 6,5 France10,23,410,51,3 Germany51,5 25,316,3 Ireland3,8 Italy9,1 22,8 Netherlands7,4 Portugal4,325,7 1,2 Slovakia 6,7 Spain1,6 15,3 Sweden3,512,5 6,6 United Kingdom 30,30,059,7