EU Employment Restructuring Report Q3 2011

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  • 1. 2011employmentrestructuring 3reporteuropean union edition
  • 2. 2 | employment restructuring report | european union edition Q3 2011contents summary p/3 metHodology notes: the employment 01 restructuring report is compiled using publicly eu labour market trends p/4 available data from official, private and not-for-profit 02 organisations. this report covers announced or actual eu member state labour trends p/6 reductions of at least 100 jobs, or involving sites 03 employing more than 250 people and affecting at least most heavily impacted sectors p/9 10% of the workforce. Job creations and layoffs are 04 associated with their date of announcement, not the reasons for announced job losses p/12 scheduled completion date. 05 european labour market outlook p/13 06 major announced job layoffs in europe p/15 07 major announced job creations in europe p/21 about this report p/25 grapHs Total 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.
  • 3. Home3 | employment restructuring report | european union edition Q3 2011 contents summary 01 eu labour market trends 02 eu member state labour trendssummary ➔ The second quarter of 2011 saw a reversal in June and July (10%, also unchanged, for the broader deterioration in employment in the months ahead. member countries are also likely to produce differing jobs 03 most Heavily impacted sectors 04 reasons employment markets and euro-zone). The number of outcomes. The public sector for announced More broadly, economic Job losses in the economic outlook people out of work in the will remain weak in all regions 05 european generally, as banking and EU27 rose by 18,000 to 22.711 conditions stalled in the labour market yet, labour shortages in some outlook financial troubles intersect million from June to July second quarter of 2011, with critical areas will persist. 06 maJor with government spending (61,000 and 15.757 million for GDP in the major economies announced Job layoffs but tHe cuts to cutbacks to produce a somber the euro area). of France, Germany and the The fragility of the EU’s in europe public sector and volatile mood across United Kingdom, all flattening, economic position is 07 maJor announced Jobs… and The broad unemployment after promising starts to the the euro zone. underscored by the Job creations picture also hides a more in europe nervousness about year. This weak domestic uncertainty that characterizes about tHis sovereign debt all The deterioration in sentiment divergent multi-speed activity will translate into report efforts to resolve the sovereign point to a likely across Europe during the economy, with improved subdued demand for goods debt crisis. Much rides on deterioration in quarter sharply punctuated the jobless rates in Austria, and services, while uncertainty employment in tHe emerging signs of recovery further weakness in Spain and the ability of political leaders about jobs will see consumers montHs aHead. that were evident in the early Greece, to a lesser extent the and regulators to avoid this curtail spending. part of 2011. Netherlands, Luxembourg morphing into a banking and and France, and a more stable With economic momentum financial crisis. The reversal in economic position in Germany. flagging, the labour market fortunes has seen labour Rarely has the degree of is likely to face continued markets weaken, although the But the cuts to public sector uncertainty been so great. A weakness. Few businesses unemployment rate, which jobs, the fiscal tightening successful resolution of the will be looking at new hirings lags the economic reality, across the region, and crisis may avoid recession and and some that have strived remained stable in the nervousness about sovereign prompt a weak recovery in late to retain headcount will EU27 at 9.5% between debt all point to a likely 2011, but failure could prompt probably find this the last straw. But the same trends serious questions about the that are causing disparate future of the economic and economic performance across monetary union.
  • 4. Home4 | employment restructuring report | european union edition Q3 2011 contents summary 01 eu labour market trends 02 eu member state labour01 trends ➔ There was a reduction momentum that has been 10 percent across 03 most Heavily impacted sectors in both the number of jobs evident since the end of 2009. the EU, but there 04 reasons lost and gained as a result of remain wide variation across for announced It seems clear that the rate of Job losses restructuring activity in the member states – from near-full 05 european second quarter of 2011. layoffs has largely steadied at employment in Netherlands labour marketeu labour around 100,000 per quarter in and Austria, and over outlook 06 maJormarket Data collected by the European Monitoring Centre the period following the 2009 economic downturn. The 20 percent unemployment in Spain. announced Job layoffs in europetrends on Change show that total job concern will be over whether Individual countries are 07 maJor announced losses between April and June this level will now accelerate in Job creations 2011 totaled approximately the face of the recent volatility. now embarking on their in europe own approaches to addressing about tHis 93,000, down slightly from the report previous quarter, but well up The picture is somewhat the economic challenge. from 51,000 one year earlier. confounded by the growing Sharp cutbacks in public disparity between the more sector spending in countries Meanwhile job creations in the buoyant and fiscally-prudent such as Greece, Ireland, quarter totaled approximately core group of EU countries, the UK, Spain and Portugal 46,600 - well down on 72,000 and the peripheral members are likely to fuel layoffs in in the previous quarter but still whose economies are weak coming months, while the well above the 24,500 figure and now facing further resilience of countries such as a year earlier. The trend in job cutbacks. The aggregate Germany and France will be creations in the latest period unemployment rate has tested by the weakness reverses the generally positive stabilized at just under of their neighbours.
  • 5. Home 500005 | employment restructuring report | european union edition Q3 2011 contents summary 01 eu labour 0 market trends 2005/Q2 2005/Q4 2006/Q2 2006/Q4 2007/Q2 2007/Q4 2008/Q2 2008/Q4 2009/Q2 2009/Q4 2010/Q2 2010/Q4 2011/Q2 2005/Q3 2006/Q1 2006/Q3 2007/Q1 2007/Q3 2008/Q1 2008/Q3 2009/Q1 2009/Q3 2010/Q1 2010/Q3 2011/Q1 02 eu member state labour trends 03 most Heavily impacted sectors 04 reasons total reported european Job losses and gains for announced Job losses sHarp cutbacks resulting from restructuring (Q1 2005 to Q2 2011) 05 european in public sector labour market outlook spending in 250,000 06 maJor countries sucH as Loss announced Creation Job layoffs greece, ireland, in europe 200,000 tHe uk, spain and 07 maJor announced portugal are likely Job creations in europe to fuel layoffs in 150,000 about tHis coming montHs. report 100,000 50,000 0 2005/Q2 2005/Q3 2005/Q4 2006/Q1 2006/Q2 2006/Q3 2006/Q4 2007/Q1 2007/Q2 2007/Q3 2007/Q4 2008/Q1 2008/Q2 2008/Q3 2008/Q4 2009/Q1 2009/Q2 2009/Q3 2009/Q4 2010/Q1 2010/Q2 2010/Q3 2010/Q4 2011/Q1 2011/Q2 Source: European Restructuring Monitor (ERM), European Monitoring Centre on Change
  • 6. Home6 | employment restructuring report | european union edition Q3 2011 contents summary 01 eu labour market trends 02 eu member state labour02 trends ➔ The largest number be lost through redundancies In Italy, banking group, Intesa company, SNCF, which will 03 most Heavily impacted sectors of job losses in the second and natural wastage. This San Paolo announced its hire 8,000 new employees 04 reasons quarter quarter of 2011 represents the first installment intention to implement 10,000 by the end of 2011. for announced Job losses occurred in the Netherlands of what the Ministry says will job cuts by the end of 2013. 05 european (22,890), followed by Italy be some 43,000 job cuts Poland saw more than labour marketeu member (14,199), United Kingdom to be achieved by 2015. In the UK, home care provider, 7,000 new jobs announced, outlook 06 maJorstate (12,931) and Spain (8,387). Approximately 25,000 of these will be in the civilian Ministry Southern Cross has announced 3,000 job cuts as it strives with 4,000 of those associated with retailer, Jeronimo Martins, announced Job layoffs in europelabour The Netherlands topped of Defence staff. to implement a financial which already employs 07 maJor announced the list of job losses, fuelled rescue package. ome 30,000 people acrosstrends by some 12,000 cuts to the Also in the Netherlands, the country. Job creations in europe Dutch Defence Ministry as telecommunications company, During the second quarter, about tHis report part of the government’s KPN announced cuts of France had the largest number Germany is set to gain some austerity measures. between 4,000 and 5,000 of job gains with 13,366 new 7,000 new jobs, led by positions, with a significant positions. The largest single about 1,200 new positions There were similar cuts to proportion to be outsourced case involves national rail at car maker, Audi, and the UK armed forces, where to India. approximately 1,000 at BMW. approximately 11,000 jobs will
  • 7. 20000 Home contents Q7 | employment restructuring report | european union edition Q3 2011 10000 summary 01 eu labour 0 market trends Netherlands Italy United Kingdom Spain RomaniaGermany Finland Poland Ireland France Slovenia Slovakia Sweden HungaryDenmark 02 eu member state labour trends 03 most Heavily impacted sectors 04 reasons total reported european Job losses by country (Q3 2010 to Q2 2011) for announced Job losses netHerlands, 05 european telecommunications 70,000 labour market company, kpn outlook 06 maJor Q announced cuts 60,000 announced of between 4,000 Job layoffs in europe Q and 5,000 positions, 50,000 07 maJor witH a significant announced Job creations Q proportion to be 40,000 in europe outsourced to india. about tHis report Q 30,000 20,000 10,000 0 Italy United Kingdom Spain Romania Germany Finland Poland Ireland France Slovenia Slovakia Sweden Hungary Denmark Netherlands Q3 2010 Q4 2010 Q1 2011 Q2 2011 Source: European Restructuring Monitor (ERM), European Monitoring Centre on Change
  • 8. Home 50008 | employment restructuring report | european union edition Q3 2011 contents summary 01 eu labour 0 market trends France PolandGermany Slovakia Republic Czech United Kingdom Romania Slovenia Sweden Spain Austria IrelandLithuania Portugal Italy Hungary Belgium 02 eu member state labour trends 03 most Heavily impacted sectors 04 reasons total reported european Job gains by country (Q3 2010 to Q2 2011) for announced Job losses 05 european labour market 25,000 outlook 06 maJor Q announced 20,000 Job layoffs in europe Q 07 maJor 15,000 announced Job creations Q in europe france Had tHe about tHis report Q largest number 10,000 of Job gains witH 13,366 new 5,000 positions. tHe largest single case involves national 0 France Poland Germany Slovakia Czech Republic United Kingdom Slovenia Romania Sweden Spain Austria Ireland Lithuania Portugal Italy Hungary Belgium rail company, sncf. Q3 2010 Q4 2010 Q1 2011 Q2 2011 Source: European Restructuring Monitor (ERM), European Monitoring Centre on Change
  • 9. Home9 | employment restructuring report | european union edition Q3 2011 contents summary 01 eu labour market trends 02 eu member state labour03 trends ➔ The mounting pressure local councils. Rotterdam losses in Finland and recession. Aside from the 03 most Heavily impacted sectors to curtail government City Council announced 700 in the UK, as part of a previously mentioned job 04 reasons spending has seen public 2,000 job cuts, while the planned 7,000 staff creations at Audi and BMW, for announced Job losses administration bear the brunt Catalan Government will reduction worldwide. there were new jobs at PSA 05 european of job losses across the EU. Peugeot Citroen, Ford, and labour marketmost lose 1,000 positions. Also in the sector, Pfizer will outlook French parts maker, Faureccia. 06 maJorHeavily There were almost 30,000 public sector layoffs during The second largest German public health insurer, DAK will close its manufacturing plant in Sandwich in the UK with In transport and announced Job layoffs in europeimpacted the second quarter of 2011, abolish 800 positions. the loss of 2,400 jobs. communications, the main 07 maJor announced repeating a trend that source of new jobs was insectors emerged early in 2011, and After public administration, The manufacturing sector French rail company, SNCF, Job creations in europe financial services and saw the largest share of while smaller contributions about tHis outstripping the manufacturing report manufacturing each lost job increases, with almost came from US clothing firm, sector as the chief source of approximately 20,000 jobs 19,000 new positions created. TJX Europe, with a new job-shedding. in the quarter. Almost 10,000 of these distribution centre, and from In the first six months of 2011, were concentrated in auto new positions at the cargo more than 60,000 public Financial services job losses manufacturing. facility at Brussels Airport. sector positions have been occurred at Italian bank, The resurgence in auto wiped out. Intesa San Paolo, at a number manufacturing reverses some of Spanish banks including In addition to the reported of the cuts that were delivered Caja Sol, and at Allied Irish losses in the Dutch and during the economic Bank, which announced UK defence forces, there 2,000 redundancies. continues to be an erosion of positions in a range of In the manufacturing sector, government enterprises and Nokia announced 2,900 job
  • 10. Home 0 contents10 | employment restructuring report | european union edition Q3 2011 Public administration Financial services Health/social work services ManufacturingTransport /communication Business Retail UtilitiesConstruction services Other Education Agriculture/fishing Mining/quarrying summary 01 eu labour market trends 02 eu member state labour trends 03 most Heavily impacted sectors 04 reasons total reported european Job losses by sector (Q2 2011) for announced Job losses 35,000 05 european labour market outlook 29,536 30,000 06 maJor announced Job layoffs after public 25,000 in europe administration, 07 maJor 19,237 18,987 announced financial services 20,000 Job creations in europe and manufacturing about tHis eacH lost 15,000 report approximately 20,000 Jobs in tHe Quarter. 10,000 7,388 5,024 5,009 5,000 3,060 1,788 1,720 950 300 104 100 0 Public administration Manufacturing Financial services Transport /communication Health/social work Business services Retail Utilities Construction Other services Education Agriculture/fishing Mining/quarrying Source: European Restructuring Monitor (ERM), European Monitoring Centre on Change
  • 11. Home11 | employment restructuring report | european union edition Q3 2011 contents 5000 summary 01 eu labour market trends 02 eu member 0 state labour trends Manufacturing /communication services Retail Financial services administration Transport Business Public Health/social work Construction Mining/quarrying Hotels/restaurants 03 most Heavily impacted sectors 04 reasons total reported european Job gains by sector (Q2 2011) for announced Job losses 05 european 20000 18,861 labour market outlook 06 maJor announced Job layoffs 15000 in europe 07 maJor announced Job creations in europe 10000 9,200 about tHis 7,843 7,412 report tHe resurgence in auto manufacturing reverses some of 5000 tHe cuts tHat were delivered during tHe 1,100 750 500 400 382 200 economic recession. 0 Manufacturing Transport /communication Business services Retail Financial services Public administration Health/social work Construction Mining/quarrying Hotels/restaurants Source: European Restructuring Monitor (ERM), European Monitoring Centre on Change
  • 12. Home12 | employment restructuring report | european union edition Q3 2011 contents summary 01 eu labour market trends 02 eu member state labour04 trends ➔ There were a total of total reported european Job losses 03 most Heavily impacted sectors 145 cases of restructuring by type of restructuring Q2 2011 04 reasons involving job losses in the for announced Job losses June quarter of 2011, down 4% 3% 05 european from almost 200 in the labour marketreasons for previous quarter. 6% 5% outlook 06 maJor Internal restructureannounced The overwhelming reason Closure announced Job layoffs in europeJob losses cited by businesses for Other 07 maJor announced these cases was “internal Job creations restructuring”, which Outsourcing in europe about tHis accounted for 82 percent of Bankruptcy report all cases, down slightly from 89 percent in the previous 82% Source: European Restructuring Monitor (ERM), quarter, but up from 71 European Monitoring Centre on Change percent a year earlier. The category of “forced” shutdowns, which includes “closure” and “bankruptcy” This shows that the state of accounted for 9 percent of job health of the business sector losses in the June quarter. This remains relatively buoyant, but was virtually unchanged from the question is whether this the previous quarter but well will be adversely impacted by below the 20 percent figure of the turbulence that has hit the one year ago. EU in more recent times.
  • 13. Home13 | employment restructuring report | european union edition Q3 2011 contents summary 01 eu labour market trends 02 eu member state labour05 trends ➔ Europe looks set for threshold for the first time economic tensions of a kind is holding up, but that is of 03 most Heavily impacted sectors a period of contraction in since September 2009. not previously seen. limited benefit to Europe 04 reasons demand and output that will The manufacturing sector is where the majority of trade is for announced Job losses facing a challenging time, The moves to impose severe put a lid on economic activity within the region. 05 european fiscal cutbacks in member labour marketeuropean for the remainder of 2011. but the forward indicators of outlook the services sector show it countries will, at least in According to the OECD, 06 maJorlabour The labour market will suffer as this weakness in activity remains positive. the short term, weaken consumer spending and the outlook for the EU in the months ahead is weak, announced Job layoffs in europemarket flows through into lower Overall, the picture is lead to job losses, particularly according to its Composite 07 maJor announcedoutlook employment growth, layoffs and reduced hiring. Firms that unsettling. The turmoil in financial markets, the slowing in the public sector. Until national budgets are in better Leading Indicator (CLI). Job creations in europe about tHis global economy, and the The index is designed to report have endured a sustained shape, and the sovereign unresolved sovereign debt anticipate turning points in period of soft activity in the debt issue is contained, there crisis are all weighing heavily economic activity. It identifies wake of the 2009 downturn will is little on the horizon that on business and consumer a period of “slowdown” in face tough choices in regard to will prompt resurgence in sentiment. The political the Euro area, including in downsizing their workforces. economic activity. difficulty in dealing with the economies of France, The difficulty facing Europe’s financial problems is The weak US economy is now Germany, UK and Italy. The manufacturing was highlighted further sapping confidence. also a significant factor in the CLI also points to a “possible by the purchasing managers’ The situation around the bigger economic picture. peak” in activity in the United index (PMI) which has fallen Greek bail-out, in particular, It’s really only China, among States, as well as in the OECD beneath the expansion is exposing political and the major economies, that area as a whole.
  • 14. Home14 | employment restructuring report | european union edition Q3 2011 contents summary 01 eu labour market trends 02 eu member state labour trends 03 most Heavily impacted sectors 04 reasons for announced oecd composite leading indicator (august 2011) Job losses 05 european ShADED AREAS REPRESENT GROWTh CyCLE DOWNSWINGS labour market outlook 110 06 maJor announced Job layoffs in europe 105 07 maJor announced Job creations in europe 100 about tHis report 95 it’s really only cHina, among tHe maJor 90 economies, tHat is Holding up, but tHat is of limited benefit 85 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 to europe wHere tHe maJority of trade is witHin tHe region. Source: OECD Composite Leading Indicators August 2011.
  • 15. Home15 | employment restructuring report | european union edition Q3 2011 contents summary 01 eu labour market trends 02 eu member state labour06 trends Organisation Location Total (approx) Industry Month 03 most Heavily impacted sectors Austria Tabak Austria 320 Manufacturing May 04 reasons Bwin.Party Austria 400 Other services May for announced Job losses GasserKunert Austria 65 Manufacturing June 05 european AB Inbev Belgium 167 Manufacturing June labour marketmaJor Kraft Foods Belgium 99 Manufacturing June outlook 06 maJor SAPA Belgium 170 Manufacturing Juneannounced Arkos Bulgaria 300 Manufacturing April announced Job layoffs in europeJob layoffs BNT (Bulgarian National TV) KEO Bulgaria Cyprus 450 150 Other services Manufacturing April April 07 maJor announcedin europe ETA Jitona Czech Republic Czech Republic 50 124 Manufacturing Manufacturing April May Job creations in europe about tHisapril to June 2011 Tesco ČR Czech Republic 290 Retail April report 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
  • 16. Home16 | employment restructuring report | european union edition Q3 2011 contents summary 01 eu labour market trends 02 eu member state labour06 trends Organisation Location Total (approx) Industry Month 03 most Heavily impacted sectors Manzoni Bouchot Fonderie Technologies France 199 Manufacturing June 04 reasons Ontex France 187 Manufacturing June for announced Job losses Sodial France 200 Manufacturing May 05 european Takeda France France 195 Manufacturing April labour marketJob layoffs Total France 100 Mining / quarrying April outlook 06 maJor BASF Germany 350 Manufacturing June announced Bauknecht Germany 190 Manufacturing May Job layoffs in europe City BKK Germany 400 Public administration May 07 maJor City of Hamburg Germany 250 Public administration May announced DAK Germany 800 Public administration April Job creations in europe Dynamit Nobel Germany 73 Manufacturing May about tHis Kaufhof Germany 228 Retail June report 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
  • 17. Home17 | employment restructuring report | european union edition Q3 2011 contents summary 01 eu labour market trends 02 eu member state labour06 trends Organisation Location Total (approx) Industry Month 03 most Heavily impacted sectors In&Out Italy 1464 Business services April 04 reasons Intesa Sanpaolo Italy 10000 Financial services June for announced Job losses Medcenter Container Terminal (Mct) Italy 467 Transport / communication June 05 european Ubi Banca Italy 1000 Financial services May labour marketJob layoffs Warner Chilcott Italy 151 Manufacturing May outlook 06 maJor ArcelorMittal Luxembourg 262 Manufacturing June announced Air Malta Malta 569 Transport / communication June Job layoffs in europe GO (Malta) Malta 100 Transport / communication June 07 maJor HTM Netherlands 450 Transport / communication May announced KPN Netherlands 4000 Transport / communication April Job creations in europe Meneba Netherlands 160 Manufacturing May about tHis Ministry of defence Netherlands 12000 Public administration April report Ministry of Economic Affairs, Agriculture & Netherlands 3000 Public administration May Innovation 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
  • 18. Home18 | employment restructuring report | european union edition Q3 2011 contents summary 01 eu labour market trends 02 eu member state labour06 trends Organisation Location Total (approx) Industry Month 03 most Heavily impacted sectors BPI Portugal 200 Financial services April 04 reasons Estaleiros Navais de Viana do Castelo Portugal 380 Manufacturing June for announced Job losses Manhentex Portugal 100 Manufacturing June 05 european Agentia Nationala de Administrare Fiscala Romania 2787 Public administration June labour marketJob layoffs Autoritatea Nationala a Vamilor Romania 1427 Public administration June outlook 06 maJor Complexul Energetic Craiova Romania 250 Utilities June announced Complexul Energetic Turceni Romania 200 Utilities June Job layoffs in europe Electrica Serv Romania 600 Utilities June 07 maJor Electrocentrale Deva Romania 100 Utilities June announced Garda Financiara Romania 713 Public administration June Job creations in europe Nokia Romania Romania 120 Business services April about tHis Termoelectrica Romania 300 Utilities June report 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
  • 19. Home19 | employment restructuring report | european union edition Q3 2011 contents summary 01 eu labour market trends 02 eu member state labour06 trends Organisation Location Total (approx) Industry Month 03 most Heavily impacted sectors Clesa Spain 360 Manufacturing June 04 reasons Continental Industrias del Caucho Spain 168 Manufacturing May for announced Job losses Darty Spain 117 Retail May 05 european Dhul Spain 54 Manufacturing April labour marketJob layoffs Hibramer Spain 104 Agriculture/fishing May outlook 06 maJor Hospital Plató Spain 50 Health / social work May announced La Azulejera Tau Spain 57 Manufacturing June Job layoffs in europe La Caja del Mediterráneo (CAM) Spain 973 Financial services June 07 maJor La Naval Spain 150 Manufacturing May announced LM Wind Power Spain 338 Utilities June Job creations in europe Locsa Spain 120 Manufacturing June about tHis Nova Caixa Galicia Spain 250 Financial services April report 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
  • 20. Home20 | employment restructuring report | european union edition Q3 2011 contents summary 01 eu labour market trends 02 eu member state labour06 trends Organisation Location Total (approx) Industry Month 03 most Heavily impacted sectors Derriford Hospital United Kingdom 281 Health / social work June 04 reasons Doncaster Council United Kingdom 700 Public administration June for announced Job losses Gloucestershire Hospitals NHS Foundation Trust United Kingdom 250 Health / social work June 05 european Hoya Lens United Kingdom 160 Manufacturing April labour marketJob layoffs John Smedley United Kingdom 60 Manufacturing June outlook 06 maJor Lloyds United Kingdom 700 Business services June announced Ministry of Defence United Kingdom 2700 Public administration April Job layoffs in europe Nokia United Kingdom 700 Manufacturing April 07 maJor Pfizer United Kingdom 2400 Manufacturing May announced Queen Alexandra Hospital United Kingdom 799 Health / social work April Job creations in europe R&D Construction United Kingdom 205 Construction April about tHis RF Brookes United Kingdom 200 Manufacturing June report 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 Source: European Monitoring Centre on Change
  • 21. Home21 | employment restructuring report | european union edition Q3 2011 contents summary 01 eu labour market trends 02 eu member state labour07 trends Organisation Location Total (approx) Industry Month 03 most Heavily impacted sectors BMW Austria 150 Manufacturing May 04 reasons FACC Austria 180 Manufacturing April for announced Job losses Infineon Technologies Austria 400 Business services May 05 european Brussels Airport Belgium 300 Transport / communication May labour marketmaJor Guala Closures Bulgaria Bulgaria 300 Manufacturing June outlook 06 maJor AERO Vodochody Czech Republic 200 Manufacturing Aprilannounced Deachang Seat Czech Republic 150 Manufacturing June announced Job layoffs in europeJob creations Grupo Antolin Hitachi Automotive Systems Czech Republic Czech Republic 222 224 Manufacturing Manufacturing June June 07 maJor announcedin europe Jyco Europe KAMAX Czech Republic Czech Republic 130 300 Manufacturing Manufacturing June May Job creations in europe about tHisapril to June 2011 Pixmania Czech Republic 200 Retail May report 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
  • 22. Home22 | employment restructuring report | european union edition Q3 2011 contents summary 01 eu labour market trends 02 eu member state labour07 trends Organisation Location Total (approx) Industry Month 03 most Heavily impacted sectors Kurt Salmon France 200 Business services May 04 reasons Ministry of Justice France 500 Public administration June for announced Job losses Segula Technologie France 300 Business services May 05 european SII France 850 Business services May labour marketJob creations outlook SNCF France 8000 Transport / communication April 06 maJor socomec France 300 Manufacturing April announced Steria France 1200 Business services April Job layoffs in europe A.T. Kearney Germany 100 Business services May 07 maJor Audi Germany 1200 Manufacturing May announced Bechtle Germany 350 Business services June Job creations in europe BMW Germany 1000 Manufacturing May about tHis Bosch Germany 900 Manufacturing April report 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
  • 23. Home23 | employment restructuring report | european union edition Q3 2011 contents summary 01 eu labour market trends 02 eu member state labour07 trends Organisation Location Total (approx) Industry Month 03 most Heavily impacted sectors Maxima LT Lithuania 130 Retail April 04 reasons Western Union Lithuania 200 Financial services May for announced Job losses Pricewaterhouse Coopers Luxembourg 500 Business services May 05 european Trelleborg Sealing Solutions Malta 170 Manufacturing May labour marketJob creations outlook Carrefour Poland 140 Retail April 06 maJor Carrefour Poland 120 Retail April announced Castorama Poland 150 Retail May Job layoffs in europe Ceramika Paradyż Poland 100 Manufacturing May 07 maJor Employee Operation Centre Poland 150 Business services May announced General Inspectorate of Transport Poland 100 Public administration May Job creations in europe Grupa B4 Poland 200 Manufacturing April about tHis Guardian Automotive Poland 240 Manufacturing June report 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
  • 24. Home24 | employment restructuring report | european union edition Q3 2011 contents summary 01 eu labour market trends 02 eu member state labour07 trends Organisation Location Total (approx) Industry Month 03 most Heavily impacted sectors Prio Foods Romania 110 Manufacturing May 04 reasons AU Optronics Slovakia 700 Manufacturing June for announced Job losses Billa Slovensko Slovakia 300 Retail April 05 european Bio Products Industries Slovakia 180 Manufacturing June labour marketJob creations outlook Double Tree by Hilton Slovakia 100 Hotels / restaurants April 06 maJor Faurecia Slovakia 700 Manufacturing April announced Howe Slovensko Slovakia 150 Manufacturing April Job layoffs in europe Lear Corporation Seating Slovakia 200 Manufacturing April 07 maJor Lidl Slovakia 100 Retail April announced Mayser Slovakia 150 Manufacturing May Job creations in europe Plastiflex Slovakia Slovakia 100 Manufacturing May about tHis PSA Peugeot Citroën Slovakia 900 Manufacturing April report 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 Source: European Monitoring Centre on Change
  • 25. 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/toddwheatlandAbout this RepoRtthe employment Restructuring Report is compiled by Kelly services. it provides a timely review of economic, labour and hiring conditions in the relevantmarkets, with a detailed focus on the most recent data regarding mass layoffs and restructuring. the Report is compiled utilising publicly available data fromofficial, private and not-for-profit organisations. published on a quarterly basis, the employment Restructuring Report is available in separate editions for theunited states and european union.CountRies CoveRed by this RepoRtthis edition of the employment Restructuring Report covers the 27 countries of the european union, and norway. those countries are:Austria Czech Republic France ireland luxembourg poland sloveniabelgium denmark Germany italy Malta portugal spainbulgaria estonia Greece latvia netherlands Romania swedenCyprus Finland hungary lithuania norway slovakia united KingdomAbout Kelly seRviCes®Kelly services, inc. (nAsdAQ: KelyA, Kelyb) is a leader in providing workforce solutions. Kelly® offers a comprehensive array of outsourcing andconsulting services as well as world-class staffing on a temporary, temporary-to-hire and direct-hire basis. serving clients around the globe, Kellyprovides employment to more than 530,000 employees annually. Revenue in 2010 was $5 billion. visit www.kellyservices.com and connect withus on Facebook, linkedin, and twitter.to ReCeive this RepoRtthis report is available to registered subscribers at www.kellyservices.com/layoffsA Kelly seRviCes RepoRtAll trademarks are property of their respective owners. An equal opportunity employer © 2011 Kelly services, inc.kellyservices.com