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employment restructuringreport
2011 3e u r o p e a n u n i o n e d i t i o n
contents summary p/3
01eu labour market trends p/4
02 eu member state labour trends p/6
03 most heavily impacted sectors p/9
04 reasons for announced job losses p/12
05european labour market outlook p/13
06major announced job layoffs in europe p/15
07major announced job creations in europe p/21
about this report p/25
metHodology notes:
the employment
restructuring report is
compiled using publicly
available data from official,
private and not-for-profit
organisations. this report
covers announced or actual
reductions of at least 100
jobs, or involving sites
employing more than 250
people and affecting at least
10% of the workforce. Job
creations and layoffs are
associated with their date
of announcement, not the
scheduled completion date.
grapHsTotal reported European job losses and gains resulting from restructuring p/5
Total reported European job losses by country p/7
Total reported European job gains by country p/8
Total reported European job losses by sector p/10
Total reported European job gains by sector p/11
OECD composite leading indicator p/14
disclaimer: This information is provided with the understanding that it is not guaranteed to be correct or complete and conclusions drawn from such information are the sole responsibility of the user. Attempts have been made to ensure that this data or documentation is accurate and reliable; Kelly Services does not assume liability for any damages caused by inaccuracies in this data or documentation. Kelly Services makes no warranty, expressed or implied, as to the accuracy, completeness, or utility of this information, nor does the fact of distribution constitute a warranty.
2 | employment restructuring report | european union edition Q3 2011
summary
Home
contents
summary
01 eu labour market trends
02 eu member state labour trends
03 most Heavily impacted sectors
04 reasons for announced Job losses
05 european labour market outlook
06 maJor announced Job layoffs in europe
07 maJor announced Job creations in europe
about tHis report
➔ The second quarter
of 2011 saw a reversal in
employment markets and
in the economic outlook
generally, as banking and
financial troubles intersect
with government spending
cutbacks to produce a somber
and volatile mood across
the euro zone.
The deterioration in sentiment
across Europe during the
quarter sharply punctuated the
emerging signs of recovery
that were evident in the early
part of 2011.
The reversal in economic
fortunes has seen labour
markets weaken, although the
unemployment rate, which
lags the economic reality,
remained stable in the
EU27 at 9.5% between
June and July (10%, also
unchanged, for the broader
euro-zone). The number of
people out of work in the
EU27 rose by 18,000 to 22.711
million from June to July
(61,000 and 15.757 million for
the euro area).
The broad unemployment
picture also hides a more
divergent multi-speed
economy, with improved
jobless rates in Austria,
further weakness in Spain and
Greece, to a lesser extent the
Netherlands, Luxembourg
and France, and a more stable
position in Germany.
But the cuts to public sector
jobs, the fiscal tightening
across the region, and
nervousness about sovereign
debt all point to a likely
deterioration in employment
in the months ahead.
More broadly, economic
conditions stalled in the
second quarter of 2011, with
GDP in the major economies
of France, Germany and the
United Kingdom, all flattening,
after promising starts to the
year. This weak domestic
activity will translate into
subdued demand for goods
and services, while uncertainty
about jobs will see consumers
curtail spending.
With economic momentum
flagging, the labour market
is likely to face continued
weakness. Few businesses
will be looking at new hirings
and some that have strived
to retain headcount will
probably find this the last
straw. But the same trends
that are causing disparate
economic performance across
member countries are also
likely to produce differing jobs
outcomes. The public sector
will remain weak in all regions
yet, labour shortages in some
critical areas will persist.
The fragility of the EU’s
economic position is
underscored by the
uncertainty that characterizes
efforts to resolve the sovereign
debt crisis. Much rides on
the ability of political leaders
and regulators to avoid this
morphing into a banking and
financial crisis.
Rarely has the degree of
uncertainty been so great. A
successful resolution of the
crisis may avoid recession and
prompt a weak recovery in late
2011, but failure could prompt
serious questions about the
future of the economic and
monetary union.
but tHe cuts to
public sector
Jobs… and
nervousness about
sovereign debt all
point to a likely
deterioration in
employment in tHe
montHs aHead.
3 | employment restructuring report | european union edition Q3 2011
Home
contents
summary
01 eu labour market trends
02 eu member state labour trends
03 most Heavily impacted sectors
04 reasons for announced Job losses
05 european labour market outlook
06 maJor announced Job layoffs in europe
07 maJor announced Job creations in europe
about tHis report
➔ There was a reduction
in both the number of jobs
lost and gained as a result of
restructuring activity in the
second quarter of 2011.
Data collected by the
European Monitoring Centre
on Change show that total job
losses between April and June
2011 totaled approximately
93,000, down slightly from the
previous quarter, but well up
from 51,000 one year earlier.
Meanwhile job creations in the
quarter totaled approximately
46,600 - well down on 72,000
in the previous quarter but still
well above the 24,500 figure
a year earlier. The trend in job
creations in the latest period
reverses the generally positive
momentum that has been
evident since the end of 2009.
It seems clear that the rate of
layoffs has largely steadied at
around 100,000 per quarter in
the period following the 2009
economic downturn. The
concern will be over whether
this level will now accelerate in
the face of the recent volatility.
The picture is somewhat
confounded by the growing
disparity between the more
buoyant and fiscally-prudent
core group of EU countries,
and the peripheral members
whose economies are weak
and now facing further
cutbacks. The aggregate
unemployment rate has
stabilized at just under
10 percent across
the EU, but there
remain wide variation across
member states – from near-full
employment in Netherlands
and Austria, and over
20 percent unemployment
in Spain.
Individual countries are
now embarking on their
own approaches to addressing
the economic challenge.
Sharp cutbacks in public
sector spending in countries
such as Greece, Ireland,
the UK, Spain and Portugal
are likely to fuel layoffs in
coming months, while the
resilience of countries such as
Germany and France will be
tested by the weakness
of their neighbours.
01eu labour market trends
4 | employment restructuring report | european union edition Q3 2011
total reported european Job losses and gains resulting from restructuring (Q1 2005 to Q2 2011)
Home
contents
summary
01 eu labour market trends
02 eu member state labour trends
03 most Heavily impacted sectors
04 reasons for announced Job losses
05 european labour market outlook
06 maJor announced Job layoffs in europe
07 maJor announced Job creations in europe
about tHis report
Source: European Restructuring Monitor (ERM), European Monitoring Centre on Change
sHarp cutbacks
in public sector
spending in
countries sucH as
greece, ireland,
tHe uk, spain and
portugal are likely
to fuel layoffs in
coming montHs.
0
50000
100000
150000
200000
250000 Creation
Loss
2011/Q22011/Q12010/Q42010/Q32010/Q22010/Q12009/Q42009/Q32009/Q22009/Q12008/Q42008/Q32008/Q22008/Q12007/Q42007/Q32007/Q22007/Q12006/Q42006/Q32006/Q22006/Q12005/Q42005/Q32005/Q2
0
50,000
100,000
150,000
200,000
250,000
2011
/Q2
2011
/Q1
2010
/Q4
2010
/Q3
2010
/Q2
2010
/Q1
2009
/Q4
2009
/Q3
2009
/Q2
2009
/Q1
2008
/Q4
2008
/Q3
2008
/Q2
2008
/Q1
2007
/Q4
2007
/Q3
2007
/Q2
2007
/Q1
2006
/Q4
2006
/Q3
2006
/Q2
2006
/Q1
2005
/Q4
2005
/Q3
2005
/Q2
LossCreation
5 | employment restructuring report | european union edition Q3 2011
Home
contents
summary
01 eu labour market trends
02 eu member state labour trends
03 most Heavily impacted sectors
04 reasons for announced Job losses
05 european labour market outlook
06 maJor announced Job layoffs in europe
07 maJor announced Job creations in europe
about tHis report
➔ The largest number
of job losses in the second
quarter quarter of 2011
occurred in the Netherlands
(22,890), followed by Italy
(14,199), United Kingdom
(12,931) and Spain (8,387).
The Netherlands topped
the list of job losses, fuelled
by some 12,000 cuts to the
Dutch Defence Ministry as
part of the government’s
austerity measures.
There were similar cuts to
the UK armed forces, where
approximately 11,000 jobs will
be lost through redundancies
and natural wastage. This
represents the first installment
of what the Ministry says will
be some 43,000 job cuts
to be achieved by 2015.
Approximately 25,000 of these
will be in the civilian Ministry
of Defence staff.
Also in the Netherlands,
telecommunications company,
KPN announced cuts of
between 4,000 and 5,000
positions, with a significant
proportion to be outsourced
to India.
In Italy, banking group, Intesa
San Paolo announced its
intention to implement 10,000
job cuts by the end of 2013.
In the UK, home care provider,
Southern Cross has announced
3,000 job cuts as it strives
to implement a financial
rescue package.
During the second quarter,
France had the largest number
of job gains with 13,366 new
positions. The largest single
case involves national rail
company, SNCF, which will
hire 8,000 new employees
by the end of 2011.
Poland saw more than
7,000 new jobs announced,
with 4,000 of those associated
with retailer, Jeronimo Martins,
which already employs
ome 30,000 people across
the country.
Germany is set to gain some
7,000 new jobs, led by
about 1,200 new positions
at car maker, Audi, and
approximately 1,000 at BMW.
02eu member state labour trends
6 | employment restructuring report | european union edition Q3 2011
total reported european Job losses by country (Q3 2010 to Q2 2011)
Home
contents
summary
01 eu labour market trends
02 eu member state labour trends
03 most Heavily impacted sectors
04 reasons for announced Job losses
05 european labour market outlook
06 maJor announced Job layoffs in europe
07 maJor announced Job creations in europe
about tHis report
Source: European Restructuring Monitor (ERM), European Monitoring Centre on Change
netHerlands,
telecommunications
company, kpn
announced cuts
of between 4,000
and 5,000 positions,
witH a significant
proportion to be
outsourced to india.
0
10000
20000
30000
40000
50000
60000
70000 Q2 2011
Q1 2011
Q4 2010
Q3 2010
DenmarkHungarySweden Slovakia SloveniaFranceIrelandPolandFinlandGermany Romania SpainUnited KingdomItaly Netherlands
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000Q2 2011
Q1 2011
Q4 2010
Q3 2010
Den
mar
k
Hun
gar
y
Swed
en
Slo
vaki
a
Slo
veni
a
Fran
ce
Irel
and
Po
land
Finl
and
Ger
man
y
Ro
man
ia
Spai
n
Uni
ted
Kin
gd
om
Ital
y
Net
herl
and
s
Q2 2010Q1 2010Q4 2009Q3 2009
Q2 2011Q1 2011Q4 2010Q3 2010
7 | employment restructuring report | european union edition Q3 2011
Home
contents
summary
01 eu labour market trends
02 eu member state labour trends
03 most Heavily impacted sectors
04 reasons for announced Job losses
05 european labour market outlook
06 maJor announced Job layoffs in europe
07 maJor announced Job creations in europe
about tHis report
total reported european Job gains by country (Q3 2010 to Q2 2011)
Source: European Restructuring Monitor (ERM), European Monitoring Centre on Change
france Had tHe
largest number
of Job gains
witH 13,366 new
positions. tHe
largest single case
involves national
rail company, sncf.
0
5000
10000
15000
20000
25000 Q2 2011
Q1 2011
Q4 2010
Q3 2010
Belgium HungaryItaly Portugal LithuaniaIrelandAustriaSpainSweden Romania SloveniaUnited KingdomCzech RepublicSlovakia Germany PolandFrance
0
5,000
10,000
15,000
20,000
25,000Q2 2011
Q1 2011
Q4 2010
Q3 2010
Bel
giu
m
Hun
gar
y
Ital
y
Po
rtug
al
Lith
uani
a
Irel
and
Aus
tria
Spai
n
Swed
en
Ro
man
ia
Slo
veni
a
Uni
ted
Kin
gd
om
Cze
ch R
epub
lic
Slo
vaki
a
Ger
man
y
Po
land
Fran
ce
Q2 2011Q1 2011Q4 2010Q3 2010
8 | employment restructuring report | european union edition Q3 2011
03most Heavily impacted sectors
Home
contents
summary
01 eu labour market trends
02 eu member state labour trends
03 most Heavily impacted sectors
04 reasons for announced Job losses
05 european labour market outlook
06 maJor announced Job layoffs in europe
07 maJor announced Job creations in europe
about tHis report
➔ The mounting pressure
to curtail government
spending has seen public
administration bear the brunt
of job losses across the EU.
There were almost 30,000
public sector layoffs during
the second quarter of 2011,
repeating a trend that
emerged early in 2011, and
outstripping the manufacturing
sector as the chief source of
job-shedding.
In the first six months of 2011,
more than 60,000 public
sector positions have been
wiped out.
In addition to the reported
losses in the Dutch and
UK defence forces, there
continues to be an erosion
of positions in a range of
government enterprises and
local councils. Rotterdam
City Council announced
2,000 job cuts, while the
Catalan Government will
lose 1,000 positions.
The second largest German
public health insurer, DAK will
abolish 800 positions.
After public administration,
financial services and
manufacturing each lost
approximately 20,000 jobs
in the quarter.
Financial services job losses
occurred at Italian bank,
Intesa San Paolo, at a number
of Spanish banks including
Caja Sol, and at Allied Irish
Bank, which announced
2,000 redundancies.
In the manufacturing sector,
Nokia announced 2,900 job
losses in Finland and
700 in the UK, as part of a
planned 7,000 staff
reduction worldwide.
Also in the sector, Pfizer will
close its manufacturing plant
in Sandwich in the UK with
the loss of 2,400 jobs.
The manufacturing sector
saw the largest share of
job increases, with almost
19,000 new positions created.
Almost 10,000 of these
were concentrated in auto
manufacturing.
The resurgence in auto
manufacturing reverses some
of the cuts that were delivered
during the economic
recession. Aside from the
previously mentioned job
creations at Audi and BMW,
there were new jobs at PSA
Peugeot Citroen, Ford, and
French parts maker, Faureccia.
In transport and
communications, the main
source of new jobs was in
French rail company, SNCF,
while smaller contributions
came from US clothing firm,
TJX Europe, with a new
distribution centre, and from
new positions at the cargo
facility at Brussels Airport.
9 | employment restructuring report | european union edition Q3 2011
total reported european Job losses by sector (Q2 2011)
Home
contents
summary
01 eu labour market trends
02 eu member state labour trends
03 most Heavily impacted sectors
04 reasons for announced Job losses
05 european labour market outlook
06 maJor announced Job layoffs in europe
07 maJor announced Job creations in europe
about tHis report
Source: European Restructuring Monitor (ERM), European Monitoring Centre on Change
after public
administration,
financial services
and manufacturing
eacH lost
approximately 20,000
Jobs in tHe Quarter.
0
5000
10000
15000
20000
25000
30000
35000
Mining/quarryingAgriculture/fishingEducation Other services Construction Utilities RetailBusiness services Health/social workTransport /communicationFinancial servicesManufacturingPublic administration
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
Min
ing
/qua
rryi
ng
Ag
ricu
ltur
e/fis
hing
Ed
ucat
ion
Oth
er s
ervi
ces
Co
nstr
ucti
on
Uti
litie
s
Ret
ail
Bus
ines
s se
rvic
es
Hea
lth/
soci
al w
ork
Tran
spo
rt /
com
mun
icat
ion
Fina
ncia
l ser
vice
s
Man
ufac
turi
ng
Pub
lic a
dm
inis
trat
ion
29,536
19,237 18,987
7,3885,024 5,009
3,060 1,788 1,720 950 300 104 100
10 | employment restructuring report | european union edition Q3 2011
Home
contents
summary
01 eu labour market trends
02 eu member state labour trends
03 most Heavily impacted sectors
04 reasons for announced Job losses
05 european labour market outlook
06 maJor announced Job layoffs in europe
07 maJor announced Job creations in europe
about tHis report
total reported european Job gains by sector (Q2 2011)
tHe resurgence in
auto manufacturing
reverses some of
tHe cuts tHat were
delivered during tHe
economic recession.
0
5000
10000
15000
20000
Hotels/restaurants Mining/quarryingConstruction Health/social workPublic administration Financial servicesRetailBusiness services Transport /communicationManufacturing
0
5000
10000
15000
20000
Ho
tels
/res
taur
ants
Min
ing
/qua
rryi
ng
Co
nstr
ucti
on
Hea
lth/
soci
al w
ork
Pub
lic a
dm
inis
trat
ion
Fina
ncia
l ser
vice
s
Ret
ail
Bus
ines
s se
rvic
es
Tran
spo
rt /
com
mun
icat
ion
Man
ufac
turi
ng
18,861
9,2007,843 7,412
1,100 750 500 400 382 200
Source: European Restructuring Monitor (ERM), European Monitoring Centre on Change
11 | employment restructuring report | european union edition Q3 2011
04reasons for announced Job losses
Home
contents
summary
01 eu labour market trends
02 eu member state labour trends
03 most Heavily impacted sectors
04 reasons for announced Job losses
05 european labour market outlook
06 maJor announced Job layoffs in europe
07 maJor announced Job creations in europe
about tHis report
➔ There were a total of
145 cases of restructuring
involving job losses in the
June quarter of 2011, down
from almost 200 in the
previous quarter.
The overwhelming reason
cited by businesses for
these cases was “internal
restructuring”, which
accounted for 82 percent of
all cases, down slightly from
89 percent in the previous
quarter, but up from 71
percent a year earlier.
The category of “forced”
shutdowns, which includes
“closure” and “bankruptcy”
accounted for 9 percent of job
losses in the June quarter. This
was virtually unchanged from
the previous quarter but well
below the 20 percent figure of
one year ago.
This shows that the state of
health of the business sector
remains relatively buoyant, but
the question is whether this
will be adversely impacted by
the turbulence that has hit the
EU in more recent times.
Closure
Internal restructure
Outsourcing
Bankruptcy
Other
82%
6%
5%4% 3%
total reported european Job losses by type of restructuring Q2 2011
Source: European Restructuring Monitor (ERM), European Monitoring Centre on Change
12 | employment restructuring report | european union edition Q3 2011
05european labour market outlook
Home
contents
summary
01 eu labour market trends
02 eu member state labour trends
03 most Heavily impacted sectors
04 reasons for announced Job losses
05 european labour market outlook
06 maJor announced Job layoffs in europe
07 maJor announced Job creations in europe
about tHis report
➔ Europe looks set for
a period of contraction in
demand and output that will
put a lid on economic activity
for the remainder of 2011.
The labour market will suffer
as this weakness in activity
flows through into lower
employment growth, layoffs
and reduced hiring. Firms that
have endured a sustained
period of soft activity in the
wake of the 2009 downturn will
face tough choices in regard to
downsizing their workforces.
The difficulty facing
manufacturing was highlighted
by the purchasing managers’
index (PMI) which has fallen
beneath the expansion
threshold for the first time
since September 2009.
The manufacturing sector is
facing a challenging time,
but the forward indicators of
the services sector show it
remains positive.
Overall, the picture is
unsettling. The turmoil in
financial markets, the slowing
global economy, and the
unresolved sovereign debt
crisis are all weighing heavily
on business and consumer
sentiment. The political
difficulty in dealing with
Europe’s financial problems is
further sapping confidence.
The situation around the
Greek bail-out, in particular,
is exposing political and
economic tensions of a kind
not previously seen.
The moves to impose severe
fiscal cutbacks in member
countries will, at least in
the short term, weaken
consumer spending and
lead to job losses, particularly
in the public sector. Until
national budgets are in better
shape, and the sovereign
debt issue is contained, there
is little on the horizon that
will prompt resurgence in
economic activity.
The weak US economy is now
also a significant factor in the
bigger economic picture.
It’s really only China, among
the major economies, that
is holding up, but that is of
limited benefit to Europe
where the majority of trade is
within the region.
According to the OECD,
the outlook for the EU in
the months ahead is weak,
according to its Composite
Leading Indicator (CLI).
The index is designed to
anticipate turning points in
economic activity. It identifies
a period of “slowdown” in
the Euro area, including in
the economies of France,
Germany, UK and Italy. The
CLI also points to a “possible
peak” in activity in the United
States, as well as in the OECD
area as a whole.
13 | employment restructuring report | european union edition Q3 2011
oecd composite leading indicator (august 2011)
Home
contents
summary
01 eu labour market trends
02 eu member state labour trends
03 most Heavily impacted sectors
04 reasons for announced Job losses
05 european labour market outlook
06 maJor announced Job layoffs in europe
07 maJor announced Job creations in europe
about tHis report
ShADED AREAS REPRESENT GROWTh CyCLE DOWNSWINGS
Source: OECD Composite Leading Indicators August 2011.
it’s really only cHina,
among tHe maJor
economies, tHat is
Holding up, but tHat
is of limited benefit
to europe wHere tHe
maJority of trade is
witHin tHe region.
85
90
95
100
105
110
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
14 | employment restructuring report | european union edition Q3 2011
Home
contents
summary
01 eu labour market trends
02 eu member state labour trends
03 most Heavily impacted sectors
04 reasons for announced Job losses
05 european labour market outlook
06 maJor announced Job layoffs in europe
07 maJor announced Job creations in europe
about tHis report
06maJor announced Job layoffs in europeapril to June 2011
Organisation Location Total (approx) Industry Month
Austria Tabak Austria 320 Manufacturing May
Bwin.Party Austria 400 Other services May
GasserKunert Austria 65 Manufacturing June
AB Inbev Belgium 167 Manufacturing June
Kraft Foods Belgium 99 Manufacturing June
SAPA Belgium 170 Manufacturing June
Arkos Bulgaria 300 Manufacturing April
BNT (Bulgarian National TV) Bulgaria 450 Other services April
KEO Cyprus 150 Manufacturing April
ETA Czech Republic 50 Manufacturing April
Jitona Czech Republic 124 Manufacturing May
Tesco ČR Czech Republic 290 Retail April
Nokia Denmark Denmark 950 Business services April
SKAT Denmark 120 Public administration
Blue1 Finland 85 Transport / communication June
Digia Finland 181 Business services May
Fazer Leipomot Finland 111 Manufacturing June
Nokia Finland 2900 Manufacturing April
Scanfil EMS Finland 132 Manufacturing April
Tampereen Infratuotanto Finland 200 Construction April
YIT Teollisuus Finland 350 Business services June
3 Suisses International France 249 Retail April
Aréas Assurances France 128 Financial services June
BNP Paribas Lease Group France 120 Financial services May
DMH-Negma France 130 Manufacturing April
Gefco France 232 Transport / communication May
Groupe SES - Sécurité et Signalisation France 139 Manufacturing June
Imprimerie Didier Mary France 114 Manufacturing May
Les Coopérateurs de Normandie-Picardie France 130 Retail April
15 | employment restructuring report | european union edition Q3 2011
Home
contents
summary
01 eu labour market trends
02 eu member state labour trends
03 most Heavily impacted sectors
04 reasons for announced Job losses
05 european labour market outlook
06 maJor announced Job layoffs in europe
07 maJor announced Job creations in europe
about tHis report
06 Manzoni Bouchot Fonderie Technologies France 199 Manufacturing June
Ontex France 187 Manufacturing June
Sodial France 200 Manufacturing May
Takeda France France 195 Manufacturing April
Total France 100 Mining / quarrying April
BASF Germany 350 Manufacturing June
Bauknecht Germany 190 Manufacturing May
City BKK Germany 400 Public administration May
City of Hamburg Germany 250 Public administration May
DAK Germany 800 Public administration April
Dynamit Nobel Germany 73 Manufacturing May
Kaufhof Germany 228 Retail June
Koenig&Bauer Germany 700 Manufacturing May
Schlott Germany 280 Manufacturing April
Talanx Germany 200 Financial services May
WestLB Germany 1800 Financial services June
Debreceni Hús Hungary 395 Manufacturing April
FÉG Hungary 170 Manufacturing May
Médiaszolgáltatás-támogató és Vagyonkezelő Alap Hungary 550 Transport / communication May
Allied Irish Bank (AIB) Ireland 2000 Financial services April
Mayo County Council Ireland 152 Public administration April
Stryker Ireland 142 Manufacturing May
Vodafone Ireland 139 Business services May
Barclays Italy 117 Financial services April
Berloni Italy 166 Manufacturing May
Bessel Italy 204 Manufacturing May
Bialetti Italy 150 Manufacturing May
Compuprint Italy 250 Manufacturing April
Global Garden Products Italy 230 Manufacturing May
Organisation Location Total (approx) Industry Month
Job layoffs
16 | employment restructuring report | european union edition Q3 2011
Home
contents
summary
01 eu labour market trends
02 eu member state labour trends
03 most Heavily impacted sectors
04 reasons for announced Job losses
05 european labour market outlook
06 maJor announced Job layoffs in europe
07 maJor announced Job creations in europe
about tHis report
06 In&Out Italy 1464 Business services April
Intesa Sanpaolo Italy 10000 Financial services June
Medcenter Container Terminal (Mct) Italy 467 Transport / communication June
Ubi Banca Italy 1000 Financial services May
Warner Chilcott Italy 151 Manufacturing May
ArcelorMittal Luxembourg 262 Manufacturing June
Air Malta Malta 569 Transport / communication June
GO (Malta) Malta 100 Transport / communication June
HTM Netherlands 450 Transport / communication May
KPN Netherlands 4000 Transport / communication April
Meneba Netherlands 160 Manufacturing May
Ministry of defence Netherlands 12000 Public administration April
Ministry of Economic Affairs, Agriculture & Innovation
Netherlands 3000 Public administration May
MSD-Organon Netherlands 500 Business services May
NDC Mediagroep Netherlands 100 Manufacturing June
Rotterdam Netherlands 2000 Public administration June
T-Mobile Netherlands 150 Transport / communication June
USG People Netherlands 360 Business services June
VION Food Netherlands 170 Manufacturing May
Black Red White Poland 200 Manufacturing April
Bomi Poland 700 Retail April
Częstochowa Local Goverment Poland 187 Public administration May
Ministry of Foreign Affairs Poland 300 Public administration April
Przewozy Regionalne Katowice Poland 325 Transport / communication April
PZU Poland 1199 Financial services May
Spółdzielnia Meblarska Kaszub Poland 107 Manufacturing June
Technical University of Radom Poland 100 Education June
Zakłady Chemiczne Police Poland 200 Manufacturing May
Organisation Location Total (approx) Industry Month
Job layoffs
17 | employment restructuring report | european union edition Q3 2011
06
Home
contents
summary
01 eu labour market trends
02 eu member state labour trends
03 most Heavily impacted sectors
04 reasons for announced Job losses
05 european labour market outlook
06 maJor announced Job layoffs in europe
07 maJor announced Job creations in europe
about tHis report
BPI Portugal 200 Financial services April
Estaleiros Navais de Viana do Castelo Portugal 380 Manufacturing June
Manhentex Portugal 100 Manufacturing June
Agentia Nationala de Administrare Fiscala Romania 2787 Public administration June
Autoritatea Nationala a Vamilor Romania 1427 Public administration June
Complexul Energetic Craiova Romania 250 Utilities June
Complexul Energetic Turceni Romania 200 Utilities June
Electrica Serv Romania 600 Utilities June
Electrocentrale Deva Romania 100 Utilities June
Garda Financiara Romania 713 Public administration June
Nokia Romania Romania 120 Business services April
Termoelectrica Romania 300 Utilities June
Colné riaditeľstvo Slovakia 1000 Public administration April
I.C.A. Slovakia 100 Manufacturing April
Samsung Electronics Slovakia 181 Manufacturing May
Slovenské Lodenice Komárno Slovakia 150 Manufacturing May
Carrera Optyl Slovenia 150 Manufacturing May
Lesna Litija Slovenia 103 Manufacturing June
Revoz Slovenia 520 Manufacturing May
SCT d.d. Slovenia 760 Construction June
SCT E-BA Slovenia 427 Construction June
Vemont Slovenia 128 Construction May
ABB Spain 99 Manufacturing May
Alestis Spain 195 Manufacturing April
Alstom Spain 390 Transport / communication June
Banca Cívica Spain 1000 Financial services May
Bimbo Spain 600 Manufacturing April
Carcesa Spain 94 Manufacturing June
Catalan Government (Generalitat) Spain 1000 Public administration April
Organisation Location Total (approx) Industry Month
Job layoffs
18 | employment restructuring report | european union edition Q3 2011
06
Home
contents
summary
01 eu labour market trends
02 eu member state labour trends
03 most Heavily impacted sectors
04 reasons for announced Job losses
05 european labour market outlook
06 maJor announced Job layoffs in europe
07 maJor announced Job creations in europe
about tHis report
Clesa Spain 360 Manufacturing June
Continental Industrias del Caucho Spain 168 Manufacturing May
Darty Spain 117 Retail May
Dhul Spain 54 Manufacturing April
Hibramer Spain 104 Agriculture/fishing May
Hospital Plató Spain 50 Health / social work May
La Azulejera Tau Spain 57 Manufacturing June
La Caja del Mediterráneo (CAM) Spain 973 Financial services June
La Naval Spain 150 Manufacturing May
LM Wind Power Spain 338 Utilities June
Locsa Spain 120 Manufacturing June
Nova Caixa Galicia Spain 250 Financial services April
Novare Spain 135 Business services April
Parc Salut Mar Spain 194 Health / social work June
PC City Spain 1224 Retail April
Puertas Norma Spain 286 Manufacturing June
Sharp Spain 87 Manufacturing June
Veo 7 Spain 100 Other services May
Vidal Europa Spain 122 Retail June
Warner Chilcott Spain 120 Manufacturing May
Dellner Couplers Sweden 72 Manufacturing April
DSBFirst Sverige AB Sweden 70 Transport / communication April
IAC Sweden 200 Manufacturing April
Lear Corporation Sweden Sweden 163 Manufacturing May
Plastal Sverige Sweden 50 Manufacturing May
Quintiles Sweden 110 Business services May
ST Ericsson Sweden 130 Manufacturing June
St Jude Medical AB Sweden 500 Manufacturing May
AEI Cables United Kingdom 126 Manufacturing May
Organisation Location Total (approx) Industry Month
Job layoffs
19 | employment restructuring report | european union edition Q3 2011
06
Home
contents
summary
01 eu labour market trends
02 eu member state labour trends
03 most Heavily impacted sectors
04 reasons for announced Job losses
05 european labour market outlook
06 maJor announced Job layoffs in europe
07 maJor announced Job creations in europe
about tHis report
Derriford Hospital United Kingdom 281 Health / social work June
Doncaster Council United Kingdom 700 Public administration June
Gloucestershire Hospitals NHS Foundation Trust United Kingdom 250 Health / social work June
Hoya Lens United Kingdom 160 Manufacturing April
John Smedley United Kingdom 60 Manufacturing June
Lloyds United Kingdom 700 Business services June
Ministry of Defence United Kingdom 2700 Public administration April
Nokia United Kingdom 700 Manufacturing April
Pfizer United Kingdom 2400 Manufacturing May
Queen Alexandra Hospital United Kingdom 799 Health / social work April
R&D Construction United Kingdom 205 Construction April
RF Brookes United Kingdom 200 Manufacturing June
Royal Free Hospital United Kingdom 450 Health / social work April
Southern Cross United Kingdom 3000 Health / social work June
University of Salford United Kingdom 200 Education April
Organisation Location Total (approx) Industry Month
Job layoffs
Source: European Monitoring Centre on Change
20 | employment restructuring report | european union edition Q3 2011
Home
contents
summary
01 eu labour market trends
02 eu member state labour trends
03 most Heavily impacted sectors
04 reasons for announced Job losses
05 european labour market outlook
06 maJor announced Job layoffs in europe
07 maJor announced Job creations in europe
about tHis report
07maJor announced Job creations in europeapril to June 2011
Organisation Location Total (approx) Industry Month
BMW Austria 150 Manufacturing May
FACC Austria 180 Manufacturing April
Infineon Technologies Austria 400 Business services May
Brussels Airport Belgium 300 Transport / communication May
Guala Closures Bulgaria Bulgaria 300 Manufacturing June
AERO Vodochody Czech Republic 200 Manufacturing April
Deachang Seat Czech Republic 150 Manufacturing June
Grupo Antolin Czech Republic 222 Manufacturing June
Hitachi Automotive Systems Czech Republic 224 Manufacturing June
Jyco Europe Czech Republic 130 Manufacturing June
KAMAX Czech Republic 300 Manufacturing May
Pixmania Czech Republic 200 Retail May
Remax Czech Republic Czech Republic 800 Business services June
Saar Gummi Czech Czech Republic 150 Manufacturing May
Škoda Auto Czech Republic 200 Manufacturing April
SMC Czech Republic 200 Manufacturing June
T. RAD Czech Czech Republic 134 Manufacturing June
Tesco Czech Republic 100 Retail May
Toyoda Gosei Czech Czech Republic 180 Manufacturing June
VGP Czech Republic 300 Manufacturing May
MAXIMA Eesti Estonia 100 Retail May
Aerolia France 220 Manufacturing June
Allianz France 500 Financial services May
Alteca France 126 Business services June
Atos Origin France 120 Business services April
BT France 500 Business services April
Eolen France 150 Business services May
Huis Clos France 400 Construction May
21 | employment restructuring report | european union edition Q3 2011
Home
contents
summary
01 eu labour market trends
02 eu member state labour trends
03 most Heavily impacted sectors
04 reasons for announced Job losses
05 european labour market outlook
06 maJor announced Job layoffs in europe
07 maJor announced Job creations in europe
about tHis report
07 Organisation Location Total (approx) Industry Month
Kurt Salmon France 200 Business services May
Ministry of Justice France 500 Public administration June
Segula Technologie France 300 Business services May
SII France 850 Business services May
SNCF France 8000 Transport / communication April
socomec France 300 Manufacturing April
Steria France 1200 Business services April
A.T. Kearney Germany 100 Business services May
Audi Germany 1200 Manufacturing May
Bechtle Germany 350 Business services June
BMW Germany 1000 Manufacturing May
Bosch Germany 900 Manufacturing April
Ford Germany Germany 700 Manufacturing June
Goodyear Dunlop Tires Germany 150 Manufacturing April
MTU Maintenance Germany 131 Manufacturing April
R+V Germany 400 Financial services April
Steria Mummert Consulting Germany 340 Business services May
ZF Friedrichshafen Germany 2000 Manufacturing April
GE Hungary Hungary 250 Manufacturing April
Nostra Cement Hungary 130 Manufacturing May
Marketo Ireland 125 Business services May
NDP Group Ireland 100 Business services May
Version 1 Ireland 180 Business services May
ZAGG International Distribution Ltd Ireland 170 Manufacturing April
Iveco Italy 300 Manufacturing May
Janssen Italy 100 Manufacturing May
Maxima Latvija Latvia 258 Retail May
Cili Holdings Lithuania 100 Hotels / restaurants April
Maxima LT Lithuania 135 Retail June
Job creations
22 | employment restructuring report | european union edition Q3 2011
Home
contents
summary
01 eu labour market trends
02 eu member state labour trends
03 most Heavily impacted sectors
04 reasons for announced Job losses
05 european labour market outlook
06 maJor announced Job layoffs in europe
07 maJor announced Job creations in europe
about tHis report
07 Organisation Location Total (approx) Industry Month
Maxima LT Lithuania 130 Retail April
Western Union Lithuania 200 Financial services May
Pricewaterhouse Coopers Luxembourg 500 Business services May
Trelleborg Sealing Solutions Malta 170 Manufacturing May
Carrefour Poland 140 Retail April
Carrefour Poland 120 Retail April
Castorama Poland 150 Retail May
Ceramika Paradyż Poland 100 Manufacturing May
Employee Operation Centre Poland 150 Business services May
General Inspectorate of Transport Poland 100 Public administration May
Grupa B4 Poland 200 Manufacturing April
Guardian Automotive Poland 240 Manufacturing June
Husqvarna Poland Poland 100 Manufacturing April
Integrated Solutions Poland 100 Business services June
Jeromino Martins Poland 4000 Retail April
Kaufland Poland 100 Retail May
NWR Karbonia Poland 200 Mining / quarrying April
OBI Poland 150 Retail June
OBI Poland 125 Retail April
Pittsburgh Glass Works Poland 170 Manufacturing June
Przedsiębiorstwo Górnicze Silesia Poland 182 Mining / quarrying May
TJX Europe Poland 900 Transport / communication May
Valdi Ceramica Poland 180 Manufacturing May
Voice Contact Center Poland 102 Business services June
Decathlon Portugal 200 Retail June
Jumbo Portugal 304 Retail April
Computer Generated Solutions Romania 300 Business services May
Kirchhoff Automotive Romania 200 Manufacturing May
Pelican Impex Romania 500 Health / social work May
Job creations
23 | employment restructuring report | european union edition Q3 2011
Home
contents
summary
01 eu labour market trends
02 eu member state labour trends
03 most Heavily impacted sectors
04 reasons for announced Job losses
05 european labour market outlook
06 maJor announced Job layoffs in europe
07 maJor announced Job creations in europe
about tHis report
07
24 | employment restructuring report | european union edition Q3 2011
Organisation Location Total (approx) Industry Month
Prio Foods Romania 110 Manufacturing May
AU Optronics Slovakia 700 Manufacturing June
Billa Slovensko Slovakia 300 Retail April
Bio Products Industries Slovakia 180 Manufacturing June
Double Tree by Hilton Slovakia 100 Hotels / restaurants April
Faurecia Slovakia 700 Manufacturing April
Howe Slovensko Slovakia 150 Manufacturing April
Lear Corporation Seating Slovakia 200 Manufacturing April
Lidl Slovakia 100 Retail April
Mayser Slovakia 150 Manufacturing May
Plastiflex Slovakia Slovakia 100 Manufacturing May
PSA Peugeot Citroën Slovakia 900 Manufacturing April
Terno Slovakia 200 Retail April
Tesco Stores SR Slovakia 600 Retail April
Julon Slovenia 70 Manufacturing May
Mura in partnerji Slovenia 920 Manufacturing April
Revoz Slovenia 300 Manufacturing June
TBP Slovenia 100 Manufacturing April
CIRSA Spain 100 Manufacturing June
Seat Spain 700 Manufacturing June
Siemens AB Sweden 300 Manufacturing April
Stream International Nordic Sweden 90 Business services April
Volvo Car Corporation Sweden 600 Manufacturing May
Aggreko United Kingdom 160 Business services June
GT Group United Kingdom 200 Manufacturing May
International Cuisine Ltd United Kingdom 150 Manufacturing May
London Fire Brigade United Kingdom 150 Public administration May
Serco United Kingdom 600 Business services June
Siemens United Kingdom 300 Manufacturing June
Job creations
Source: European Monitoring Centre on Change
About this RepoRt
the employment Restructuring Report is compiled by Kelly services. it provides a timely review of economic, labour and hiring conditions in the relevant
markets, with a detailed focus on the most recent data regarding mass layoffs and restructuring. the Report is compiled utilising publicly available data from
official, private and not-for-profit organisations. published on a quarterly basis, the employment Restructuring Report is available in separate editions for the
united states and european union.
CountRies CoveRed by this RepoRt
this edition of the employment Restructuring Report covers the 27 countries of the european union, and norway. those countries are:
About Kelly seRviCes®
Kelly services, inc. (nAsdAQ: KelyA, Kelyb) is a leader in providing workforce solutions. Kelly® offers a comprehensive array of outsourcing and
consulting services as well as world-class staffing on a temporary, temporary-to-hire and direct-hire basis. serving clients around the globe, Kelly
provides employment to more than 530,000 employees annually. Revenue in 2010 was $5 billion. visit www.kellyservices.com and connect with
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to ReCeive this RepoRt
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united Kingdom
About the AuthoR
todd WheAtlAnd, head of thought leadership & Marketing
With 15 years experience in the human resources and workforce consulting space, todd has overall responsibility for
thought leadership and global marketing initiatives. he has degrees in Commerce (economics / Marketing) from uWA and
Communication from Curtin university. linkedin: www.linkedin.com/in/wheatland twitter: www.twitter.com/toddwheatland
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