• Share
  • Email
  • Embed
  • Like
  • Save
  • Private Content

Loading…

Flash Player 9 (or above) is needed to view presentations.
We have detected that you do not have it on your computer. To install it, go here.

Like this presentation? Why not share!

EU Employment Restructuring Report Q4 2012

on

  • 797 views

 

Statistics

Views

Total Views
797
Views on SlideShare
788
Embed Views
9

Actions

Likes
0
Downloads
4
Comments
0

3 Embeds 9

https://www.xing.com 5
http://www.xing.com 2
http://dmcodyssey.org 2

Accessibility

Categories

Upload Details

Uploaded via as Adobe PDF

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

    EU Employment Restructuring Report Q4 2012 EU Employment Restructuring Report Q4 2012 Presentation Transcript

    • 2012employmentrestructuring 4reporteuropean union edition
    • 2 | Employment RestructurinG report | European union edition Q4 2012contents Summary p/3 METHODOLOGY NOTES: The Employment 01 Restructuring Report is compiled by Kelly Services EU labour market trends p/4 using publicly-available data from official, private and 02 non-profit organisations. It aims to provide a summary EU member state labour trends p/6 of the leading factors contributing to labour 03 and hiring conditions in the relevant markets, Most heavily impacted sectors p/9 with a special focus on up-to-date layoffs and 04 job creation statistics. Reasons for announced job losses p/12 05 European labour market outlook p/13 06 Major job layoffs announced in Europe p/14 07 Major job creations announced in Europe p/22 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 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.
    • home3 | Employment RestructurinG report | European union edition Q4 2012 contents summary 01 EU Labour market trends 02 EU member state labour trendssummary ➔ Job losses jumped in the third quarter of Notwithstanding some positive measures to allay developed economies, largely as a consequence to more than 100,000, while the number of job creations 03 most heavily impacted sectors 04 reasons 2012 as the painful debt the immediate debt and of the EU stagnation. fell to a just 30,000. for announced job losses restructuring saga dragged banking crisis afflicting the 05 european GDP growth in the third Equally worrying is that the labour market on, and as the EU economy EU, there remains tremendous outlook quarter in the EU was a economic weakness that was moved closer to recession. uncertainty over the capacity 06 major meagre 0.1% and year-over- once confined to peripheral job layoffs to absorb the deep structural announced Dismal economic growth year recorded a fall of 0.4%. economies is beginning to in europe remedies necessary to restore figures show that the Throughout the year, the impact core economies. 07 major long term fiscal balance. job creations likelihood of a return to UK declined -0.1%, France announced Across the EU, the impact in europe recession seems almost edged 0.1% higher and The depth and duration about this inevitable, with modest Germany grew by 0.9%. of austerity measures is report of the required economic economic recovery not likely producing stark differences adjustment, not to mention While more positive signs until at least mid-2013. in economic performance the social consequences, emerge from the US, and and employment. Rising are only beginning to be with China’s own mini-slump unemployment rates fully realized, in terms of looking to have bottomed, the and, in particular, youth longer term European EU’s problems remain a serious unemployment rates in Greece unity and global growth. threat to the world economy. and Spain of above 50% Official OECD estimates Within the EU, the number are calling into question the have downgraded both of job losses as a result of merit of spending cutbacks EU economic activity business restructuring activity and the capacity to sustain and growth among the jumped in the third quarter austerity over the long haul. there remains tremendous uncertainty over the capacity to absorb the deep structural remedies necessary to restore long term fiscal balance.
    • home4 | Employment RestructurinG report | European union edition Q4 2012 contents summary 01 EU Labour market trends 02 EU member state labour01 trends ➔ The European 197 resulting in redundancies The number of job creations Eurostat estimates that there 03 most heavily impacted sectors Monitoring Centre on Change and 77 involving job creation. in the third quarter totaled are 25.7 million people 04 reasons (EMCC) reports that the labour 30,520, approximately unemployed in the EU, for announced job losses In all, there were a total of 17,000 fewer than in the approximately 2.1 million market weakened in the third 05 european 105,076 announced job previous quarter, and 3,000 higher than at the same labour marketeu labour quarter of 2012, as job losses losses in the third quarter, fewer than a year ago. time in the previous year. outlook 06 major climbed and job creations fell.market approximately 32,000 The gap between job Also, the disparities in job layoffs announced in europetrends There were a total of 274 higher than in the previous losses and creations was at unemployment are at historic 07 major cases of business restructuring quarter, and some 48,000 job creations its highest in two years. levels, as the varying impacts announced affecting employment, with higher than a year earlier. of austerity measures take in europe The unemployment rate in effect. At the low end, about this report the EU has continued to rise, unemployment ranges from sitting at 10.6% at the end of 4.6% in Austria and 5.5% in the third quarter, compared Luxembourg, Netherlands with 9.8% a year earlier. and Germany, up to 25% in Spain and Greece.
    • home 500005 | Employment RestructurinG report | European union edition Q4 2012 contents summary 01 EU Labour 0 market trends 2006/Q1 2006/Q3 2007/Q1 2007/Q3 2008/Q1 2008/Q3 2009/Q1 2009/Q3 2010/Q1 2010/Q3 2011/Q1 2011/Q3 2012/Q1 2012/Q3 2006/Q2 2006/Q4 2007/Q2 2007/Q4 2008/Q2 2008/Q4 2009/Q2 2009/Q4 2010/Q2 2010/Q4 2011/Q2 2011/Q4 2012/Q2 02 EU member state labour trends 03 most heavily impacted sectors 04 reasons total reported european job losses and gains for announced job losses resulting from restructuring (Q1 2006 to Q3 2012) 05 european labour market outlook 250,000 Loss 06 major job layoffs C Creation announced in europe 200,000 07 major L job creations announced in europe 150,000 about this report 100,000 50,000 0 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 2011/Q3 2011/Q4 2012/Q1 2012/Q2 2012/Q3 Source: European Restructuring Monitor (ERM), European Monitoring Centre on Change disparities in unemployment are at historic levels, as the varying impacts of austerity measures take effect. Unemployment ranges from 4.6% in Austria… to around 25% in spain and greece.
    • home6 | Employment RestructurinG report | European union edition Q4 2012 contents summary 01 EU Labour market trends 02 EU member state labour02 trends ➔ Cuts to government In France, a total of 12,884 new positions, largely assisted new positions for one of its 03 most heavily impacted sectors spending saw Italy record the jobs were lost, with a by 2,000 new jobs at Amazon. public employment service 04 reasons largest number of job losses major factor being 8,000 providers. Also in France, for announced job losses in the quarter – a total of In Romania, there were IT firm Ausy announced the job cuts at car maker 05 european 5,700 job creations, with creation of 1,200 positions. labour marketeu member 31,340 positions lost, largely as a result of the 24,000 jobs PSA Peugeot-Citroën. Sumitomo Electric Wiring outlook 06 majorstate axed from the public sector. Poland also suffered significant Systems establishing a The single largest case of job creation in the quarter job layoffs announced in europe weakness in its labour new production facility andlabour In Germany, there were 16,297 market, with 8,420 jobs 1,500 new positions. was from German cruise 07 major job creations line Aida, which will createtrends jobs lost, including 2,400 at energy provider RWE, 2,000 at being lost in the quarter. France saw a total of 4,700 3,000 jobs by 2016. announced in europe about this retail chain Karstadt, and 2,000 The country with the largest jobs created, boosted report as a result of the bankruptcy case of job creation was the by the French Ministry of of shipbuilder P&S Werften. United Kingdom, with 7,200 Labour announcing 2,000
    • 5000 home Q7 | Employment RestructurinG report | European union edition Q4 2012 contents 0 ItalyFrance Kingdom FinlandPortugal Slovenia Austria GermanyNetherlands United Sweden Greece Czech Republic Poland Hungary RomaniaIreland Belgium Spain Denmank Slovakia Bulgaria 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 country (Q4 2011 to Q3 2012) for announced job losses 05 european 40,000 labour market outlook 06 major Q 35,000 job layoffs 30,000 announced in europe Q 07 major 25,000 job creations announced Q in europe 20,000 about this report Q 15,000 10,000 In Germany, there 5,000 were 16,297 jobs lost, including 2,400 at 0 Italy Germany France Poland United Kingdom Sweden Hungary Spain Finland Greece Romania Portugal Denmark Ireland Czech Republic Slovenia Belgium Slovakia Bulgaria Austria Netherlands energy provider RWE, 2,000 at retail chain Karstadt, and 2,000 as a result of the bankruptcy of Q4 2011 Q1 2012 Q2 2012 Q3 2012 shipbuilder P&S Werften. Source: European Restructuring Monitor (ERM), European Monitoring Centre on Change
    • home 50008 | Employment RestructurinG report | European union edition Q4 2012 contents summary 01 EU Labour 0 market trends United Kingdom Romania France Poland GermanyPortugal Ireland Hungary Spain Malta Italy Slovakia Austria Lithuania Republic Czech 02 EU member state labour trends 03 most heavily impacted sectors 04 reasons total reported European job gains by country (Q4 2011 to Q3 2012) for announced job losses 05 european 25,000 labour market outlook 06 major Q job layoffs 20,000 announced in europe Q 07 major 15,000 job creations announced Q in europe about this report Q 10,000 5,000 The country with the largest case 0 of job creation United Kingdom Romania France Poland Germany Portugal Ireland Hungary Spain Malta Italy Slovakia Austria Lithuania Czech Republic was the United Kingdom, with 7,200 new positions, largely assisted by Q2 2012 Q3 2012 Q4 2011 Q1 2012 2,000 new jobs at Source: European Restructuring Monitor (ERM), European Monitoring Centre on Change Amazon.
    • home9 | Employment RestructurinG report | European union edition Q4 2012 contents summary 01 EU Labour market trends 02 EU member state labour03 trends ➔ Two sectors – Cutbacks to government while the IT sector saw 03 most heavily impacted sectors manufacturing and public budgets saw just over 6,251 positions disappear. 04 reasons 25,000 jobs disappear in for announced administration – accounted for When it comes to employment job losses just over half of all job losses public administration. 05 european gains, the manufacturing labour marketmost in the third quarter of 2012. The financial services sector recorded the highest outlook 06 majorheavily The slowdown in economic industry also felt the erosion of consumer demand number with 8,350 positions created, followed by transport job layoffs announced in europeimpacted activity across the EU was and reduced disposable & storage (7,240), retail 07 major reflected in the loss of 32,501 job creations (3,554), and information/sectors jobs in the manufacturing income, with more than 16,000 jobs vanishing. communication (2,380). announced in europe sector during the quarter. about this report This takes total job losses Continued tough conditions in the manufacturing sector in the retail sector and weak to almost 96,000 in the first consumer spending resulted three quarters of the year. in almost 8,500 jobs lost,
    • home 5000 contents10 | Employment RestructurinG report | European union edition Q4 2012 summary 0 01 EU Labour Public administration & defence Manufacturing Financial services Information/communication /storageAdministration Retail Construction Transport Utilities Education /social work Mining Health Agriculture Professional services Hotels/restaurants Arts/Entertainment market trends 02 EU member state labour trends 03 most heavily impacted sectors 04 reasons total reported european job losses by sector (Q3 2012) for announced job losses 05 european labour market 40,000 outlook 06 major 35,000 job layoffs 32,501 announced in europe 30,000 07 major 25,500 job creations 25,000 announced in europe about this 20,000 report 16,076 15,000 10,000 8,446 6,251 6,040 5,067 5,000 3,000 2,628 1,658 1,331 986 700 575 557 200 0 Manufacturing Public administration and defence Financial services Retail Information/ communication Construction Transport/storage Utilities Administration Education Health/social work Agriculture Mining Professional services Hotels/restaurants Arts/entertainment Source: European Restructuring Monitor (ERM), European Monitoring Centre on Change Continued tough conditions in the retail sector and weak consumer spending resulted in almost 8,500 jobs lost
    • 2000 home11 | Employment RestructurinG report | European union edition Q4 2012 contents summary 0 01 EU Labour Manufacturing /storage Transport Information/communication Retail Public administration and defence Health/social work Administration Professional servicesservices Hotels/restaurants Financial Educatiom MiningConstruction Arts/entertainment market trends 02 EU member state labour trends 03 most heavily impacted sectors 04 reasons total reported european job gains by sector (Q3 2012) for announced job losses 05 european labour market 10,000 outlook When it comes to 06 major 8,350 job layoffs employment gains, announced 8,000 in europe the manufacturing 7,240 07 major sector recorded job creations announced the highest number 6,000 in europe with 8,350 positions about this report created, followed by transport & 4,000 3,554 storage (7,240). 2,380 2,221 2,000 1,930 2,000 1,270 710 655 260 200 150 100 0 Manufacturing Transport /storage Information/ communication Administration Public administration Professional services Financial services Health/social work Hotels/restaurants Education Mining Construction Arts/entertainment Retail and defence Source: European Restructuring Monitor (ERM), European Monitoring Centre on Change
    • home12 | Employment RestructurinG report | European union edition Q4 2012 contents summary 01 EU Labour market trends 02 EU member state labour04 trends ➔ The vast majority total reported european job losses 03 most heavily impacted sectors of positions that are being by type of restructuring Q3 2012 04 reasons lost are still attributable for announced job losses 6% 2 to voluntary internal % 05 european restructuring, as enterprises labour marketreasons for 6 % outlook seek to manage their way out 06 major Internal restructureannounced of the economic quagmire. 9% Bankruptcy job layoffs announced in europejob losses A total of 77% of the job Merger/acquisition 07 major job creations losses identified in the announced quarter were put down to Closure in europe about this internal restructuring. Offshoring/delocalisation report However, 15% of the losses are 77% Source: European Restructuring Monitor (ERM), the result of both bankruptcies European Monitoring Centre on Change and closure, as businesses succumb to the prolonged economic weakness. This is still within the trend of recent quarters, suggesting that while many businesses are doing it tough, they are managing to trade through their difficulties. What will be of interest is how long the latest wave of austerity cuts can continue to be absorbed by firms that are struggling to balance weak activity while maintaining headcount.
    • home13 | Employment RestructurinG report | European union edition Q4 2012 contents summary 01 EU Labour market trends 02 EU member state labour05 trends ➔ Europe’s economy have anything other than mid-2013, it will be well into more will be needed to stem 03 most heavily impacted sectors is in for further difficult a downbeat outlook. 2013 before the labour market deep-rooted imbalances 04 reasons days, with all the forecasts Glimmers of optimism, such starts to show signs of life. for announced in a number of countries. job losses pointing to ongoing weak as a more positive tone 05 european On the positive side, there are The question remains whether labour marketeuropean activity and nervousness surrounding official efforts in the UK economy, are overshadowed by the weak more hopeful signs emerging the most troubled economies outlook 06 majorlabour to rein in government debt consumer and business from the US economy, where business activity and the have the political or social job layoffs announced in europe and curtail spending. confidence elsewhere.market housing market are seeing will to manage a monumental turnaround in productive 07 major job creationsoutlook In a pattern that is becoming familiar, the immediate The European Economic Sentiment Indicator definite signs of recovery. Even the political stage show capability and lifestyle. Equally, announced in europe about this crisis facing Greece has has reached a new low, surrounding the so-called will the central bankers report been averted, with an while the eurozone fiscal cliff seems likely to avoid and the better-performing agreement to reduce the Purchasing Managers’ an economic meltdown. economies be able to endure country’s debt by 40 billion Index has worsened. this prolonged re-balancing? In China, the key indicator and soften its medium term The labour market, as of factory output has For the moment, there is debt-to-GDP targets. a lagging indicator, will registered its first uptick in little to cheer. The best that So another crisis is averted, continue to feel the pain from the last year, suggesting can be expected is that which, depending on your weak business sentiment, that the contraction there the EU will lurch from one view, either avoids catastrophe low levels of investment, may be nearing an end. economic or banking hurdle or forestalls the inevitable. and worried consumers. The OECD makes a very clear to the next, and that global There are many uncertainties Even if, as the OECD and point about the EU outlook recovery will help to push and too few positives IMF suggest, the EU economy – some decisive action has it toward a more stable hovering over the EU to begins to respond by already been taken but much recovery some time in 2013.
    • home14 | Employment RestructurinG report | European union edition Q4 2012 contents summary 01 EU Labour market trends 02 EU member state labour06 trends Organisation Location Total (approx) Industry Month 03 most heavily impacted sectors Holzindustrie Lenzing Austria 104 Manufacturing August 04 reasons Stefanini Belgium 182 Administrative services August for announced job losses Thomas Cook Belgium Belgium 100 Administrative services September 05 european BNP Paribas Fortis Belgium 270 Financial services September labour marketmajor job Van Gansewinkel Belgium 100 Utilities September outlook 06 majorlayoffs Bulgarian Customs Agency Bulgaria 150 Public administration July job layoffs and defence announced in europeannounced LAIKI BANK Cyprus 185 Financial services July 07 major Megatech Industries Czech Republic 100 Manufacturing July job creationsin europe Paramo Schott Solar Czech Republic Czech Republic 60 Manufacturing 500 Manufacturing July July announced in europe about thisJUL to SEPT 2012 MOVO Plzeň Czech Republic 197 Manufacturing September report Dalum Papir Denmark 223 Manufacturing September Vestas Denmark 650 Manufacturing September Coop Danmark Denmark 200 Retail August Turvatiimi Oyj Finland 150 Administrative services August OP-Pohjola Finland 915 Financial services September Anvia Finland 70 Information/communication August Logica Finland 250 Information/communication September MTV Media Finland 80 Information/communication September Sanoma Finland 140 Information/communication September Kemira Finland 250 Manufacturing August Metso Finland 630 Manufacturing September Nokia Siemens Networks Finland 400 Manufacturing September Rautaruukki Finland 230 Manufacturing September Saarioinen Finland 225 Manufacturing September Kesko Finland 370 Retail September VR Finland 98 Transportation/storage August Neo security France 1,426 Administrative services August FRAM France 70 Administrative services July Doux Frais France 883 Agriculture September Groupama France 171 Financial services July
    • home15 | Employment RestructurinG report | European union edition Q4 2012 contents summary 01 EU Labour market trends 02 EU member state labour06 trends Organisation Location Total (approx) Industry Month 03 most heavily impacted sectors Crédit Agricole Cheuvreux France 290 Financial services September 04 reasons Dexia France 312 Financial services September for announced job losses Claf France 350 Health/social work September 05 european Groupe Acti France 250 Information/communication July labour marketjob layoffs outlook Bouygues Telecom France 556 Information/communication September 06 major France Télévision France 500 Information/communication September job layoffs Groupama supports et services France 180 Information/communication September announced in europe Laboratoires Expanscience France 119 Manufacturing August 07 major Lohr Industrie France 168 Manufacturing August job creations announced Ascométal France 307 Manufacturing July in europe Panotel France 113 Manufacturing July about this Pilpa France 120 Manufacturing July report Plysorol International France 277 Manufacturing July PSA Peugeot Citroën France 8,000 Manufacturing July Trevest France 85 Manufacturing July Cinram Optical Disc France 106 Manufacturing September Sanofi France 900 Manufacturing September Souche Papers France 117 Manufacturing September Carrefour France 533 Retail August La Poste France 1,000 Transportation/storage September Novatrans France 147 Transportation/storage September Presstalis France 1,000 Transportation/storage September Ergo Germany 1,350 Financial services July VHV Germany 120 Financial services September University hospitals Marburg & Giessen Germany 240 Health/social work July Hewlett-Packard Germany 450 Information/communication September Gigaset Germany 279 Manufacturing August P&S Werften Germany 2,000 Manufacturing August Siemens Germany 500 Manufacturing August Sovello Germany 1,000 Manufacturing August Stollwerck Germany 95 Manufacturing August
    • home16 | Employment RestructurinG report | European union edition Q4 2012 contents summary 01 EU Labour market trends 02 EU member state labour06 trends Organisation Location Total (approx) Industry Month 03 most heavily impacted sectors Iveco Germany 890 Manufacturing July 04 reasons MEKRA Lang Germany 120 Manufacturing July for announced job losses Opel Germany 500 Manufacturing July 05 european Pierburg Germany 100 Manufacturing July labour marketjob layoffs outlook Schüco Germany 275 Manufacturing July 06 major Atmel Germany 68 Manufacturing September job layoffs Dailycer Germany 180 Manufacturing September announced in europe Elopak Germany 100 Manufacturing September 07 major Manroland Germany 110 Manufacturing September job creations announced Merck Germany 1,100 Manufacturing September in europe Optifit Germany 150 Manufacturing September about this Prysmian Germany 160 Manufacturing September report Q-Cells Germany 199 Manufacturing September Roche Germany 60 Professional services July Klöckner&Co Germany 200 Retail August Schlecker Home Shopping Germany 100 Retail August Goertz Germany 100 Retail July Karstadt Germany 2,000 Retail July Metro Germany 480 Retail July Neckermann Germany 650 Retail September ProMarkt Germany 290 Retail September RWE Germany 2,400 Utilities August Porto Carras Greece 80 Hotel/restaurants September Hellenic Telecommunications Greece 1,500 Information/communication July Hellenic Telecommunications Greece 1000 Information/communication September Alapis Greece 438 Manufacturing August Egészségügyi Holding Hungary 541 Health/social work August ISD Dunaferr Hungary 800 Manufacturing August Car-INside Hungary 300 Manufacturing July Sanyo Hungary 400 Manufacturing July Flextronics International Hungary 2,200 Manufacturing September
    • home17 | Employment RestructurinG report | European union edition Q4 2012 contents summary 01 EU Labour market trends 02 EU member state labour06 trends Organisation Location Total (approx) Industry Month 03 most heavily impacted sectors MOL Hungary 700 Mining/quarrying September 04 reasons Defence Forces Ireland 500 Public administration and July for announced defence job losses Target Express Ireland 398 Transportation/storage August 05 european labour marketjob layoffs Lavoranti Muratori Italy 150 Construction September outlook Selciatori e Posatori Italy 120 Construction September 06 major job layoffs Banca popolare di Milano Italy 700 Financial services July announced Creval Italy 150 Financial services July in europe 07 major Ubi Banca Italy 1,500 Financial services July job creations Veneto Banca Italy 246 Financial services July announced in europe Hypo Alpe Adria Italy 118 Financial services September about this Intesa Sanpaolo Italy 1,000 Financial services September report NH Hotels Italy 382 Hotel/restaurants July McDonald’s Italy 95 Hotel/restaurants September Annovati Italy 127 Manufacturing July Corden Pharma Italy 179 Manufacturing July Ericsson Italy 374 Manufacturing July Honda Italia Italy 303 Manufacturing July Beltrame Italy 117 Manufacturing September Nycomed-Takeda Italy 294 Manufacturing September Italian public administration Italy 24,000 Public administration and July defence CSTP Italy 603 Transportation/storage July Poste Italiane Italy 1,000 Transportation/storage July airBaltic Latvia 159 Transportation/storage September Snoras Lithuania 142 Financial services August AB Oost Netherlands 300 Administrative services July PrimeChamp Netherlands 103 Agriculture September VolkerWessels Netherlands 300 Construction August Groothuis Woningbouw Netherlands 100 Construction July Zadkine Netherlands 400 Education July Graydon Nederland Netherlands 74 Financial services July
    • home18 | Employment RestructurinG report | European union edition Q4 2012 contents summary 01 EU Labour market trends 02 EU member state labour06 trends Organisation Location Total (approx) Industry Month 03 most heavily impacted sectors Rabobank Netherlands 3,000 Financial services July 04 reasons Capgemini Netherlands 340 Information/communication August for announced job losses Exact Netherlands 150 Information/communication July 05 european Hewlett-Packard Netherlands 326 Information/communication July labour marketjob layoffs outlook DTG Netherlands 250 Information/communication September 06 major IBM Netherlands 240 Information/communication September job layoffs Tata Steel Netherlands 125 Manufacturing August announced in europe Ericsson Netherlands 88 Manufacturing September 07 major Vestia Netherlands 200 Public administration and September job creations defence announced in europe Jumbo Netherlands 500 Retail August about this Mediq Netherlands 134 Retail September report Selexyz Netherlands 100 Retail September Odfjell Netherlands 120 Transportation/storage September Van Gansewinkel Netherlands 300 Utilities September Budimex Poland 1,500 Construction July Strabag Poland 1,700 Construction July Hydrobudowa Poland 1,137 Construction September Kraków Local Government Poland 850 Education July Toruń Local Government Poland 108 Education July Wrocław Local Government Poland 300 Education July DnB Nord Poland 650 Financial services August PZU Poland 376 Financial services July Amber Gold Poland 263 Financial services September Bank Gospodarki Żywnościowej Poland 380 Financial services September Żagiel Poland 550 Financial services September Agora Poland 250 Information/communication August Emitel Poland 135 Information/communication August Presspublica Poland 100 Information/communication August Centrum Badawczo-Produkcyjno- Poland 108 Information/communication September Usługowe CECOMM MAMUT Poland 190 Manufacturing August
    • home19 | Employment RestructurinG report | European union edition Q4 2012 contents summary 01 EU Labour market trends 02 EU member state labour06 trends Organisation Location Total (approx) Industry Month 03 most heavily impacted sectors Tabor Szynowy Opole Poland 279 Manufacturing August 04 reasons Transsystem Poland 1,000 Manufacturing August for announced job losses Fabryka Form Metalowych FORMET Poland 119 Manufacturing September 05 european Rast Poland 750 Retail August labour marketjob layoffs outlook Miejski Zakład Usług Komunalnych Poland 180 Transportation/storage August 06 major Przewozy Regionalne Białystok Poland 62 Transportation/storage September job layoffs Banif Portugal 300 Financial services July announced in europe BPI Portugal 120 Financial services July 07 major BPN – Banco Português de Negócios Portugal 650 Financial services July job creations announced Finex Portugal 110 Manufacturing August in europe Royal Bank of Scotland Romania 350 Financial services August about this Volksbank Romania Romania 170 Financial services August report Eureko Romania 200 Financial services July Societatea Romana de Televiziune Romania 980 Information/communication August Mechel Campia Turzii Romania 438 Manufacturing August Electrocentrale Deva Romania 200 Utilities September Cestné stavby Slovakia 230 Construction August Ixonos Slovakia 122 Information/communication July Elektroconnect Slovakia 60 Manufacturing August Slotex Fashion Slovakia 180 Manufacturing September Kraški zidar Slovenia 310 Construction August Garant Slovenia 117 Manufacturing August Kovinoplastika Lož Slovenia 150 Manufacturing August Lesna TIP Slovenia 118 Manufacturing July Acciona Infraestructura Spain 200 Construction August Corsan-Corviam Spain 163 Construction September Sabadell Spain 1,773 Financial services August Banco de Valencia Spain 485 Financial services September Faus Spain 176 Manufacturing July Holcim Spain 295 Manufacturing July Precon Spain 194 Manufacturing July
    • home20 | Employment RestructurinG report | European union edition Q4 2012 contents summary 01 EU Labour market trends 02 EU member state labour06 trends Organisation Location Total (approx) Industry Month 03 most heavily impacted sectors Alestis Spain 593 Manufacturing September 04 reasons Boehringer Spain 120 Manufacturing September for announced job losses Cementos Portland Spain 250 Manufacturing September 05 european Formica Spain 170 Manufacturing September labour marketjob layoffs outlook Siemens Spain 141 Manufacturing September 06 major Solaria Spain 201 Manufacturing September job layoffs Panaxia Sweden 400 Administrative services September announced in europe Svenska Spel Sweden 100 Arts/entertainment September 07 major Svenska Dagbladet Sweden 50 Information/communication August job creations announced Dynapac Compaction Equipment Sweden 83 Manufacturing August in europe Fazer Skogaholm Sweden 91 Manufacturing August about this HK Scan Sweden 150 Manufacturing August report Sony Mobile Communications Sweden 650 Manufacturing August Whirlpool Sweden Sweden 40 Manufacturing August Nimbus Boats Holding Sweden 200 Manufacturing July AAK Sweden 55 Manufacturing September Aurubis Sweden 177 Manufacturing September Bosch Thermoteknik Sweden 48 Manufacturing September Getinge Disinfection Sweden 40 Manufacturing September Iggesund Paperboard Sweden 100 Manufacturing September Kemira Kemi Sweden 40 Manufacturing September Ludvig Svensson Sweden 25 Manufacturing September Södra Timber Sweden 260 Manufacturing September Swedwood Älmhult Sweden 70 Manufacturing September Swedwood Tibro Sweden 221 Manufacturing September Tenneco Sweden 122 Manufacturing September Tetra Pak Sweden 250 Manufacturing September Logica Sverige Sweden 350 Professional services September Swedish Armed Forces Sweden 230 Public administration August and defence The National Food Agency Sweden 300 Public administration September and defence
    • home21 | Employment RestructurinG report | European union edition Q4 2012 contents summary 01 EU Labour market trends 02 EU member state labour06 trends Organisation Location Total (approx) Industry Month 03 most heavily impacted sectors Apoteket Sweden 220 Retail September 04 reasons Expert Sverige Sweden 817 Retail September for announced job losses Finnlines Ship Management Sweden 300 Transportation/storage July 05 european Aspers United Kingdom 100 Arts/entertainment August labour marketjob layoffs outlook WH Brown Construction United Kingdom 130 Construction August 06 major Aviva United Kingdom 800 Financial services August job layoffs Diligenta United Kingdom 140 Financial services September announced in europe Direct Line United Kingdom 891 Financial services September 07 major Nomura United Kingdom 200 Financial services September job creations announced Royal Bank of Scotland United Kingdom 300 Financial services September in europe Zurich Insurance Group United Kingdom 200 Financial services September about this Bolton NHS Foundation Trust United Kingdom 200 Health/social work August report Logica United Kingdom 700 Information/communication September Willerby Holiday Homes United Kingdom 193 Manufacturing August Jeyes United Kingdom 117 Manufacturing July Remploy United Kingdom 189 Manufacturing July St Ives United Kingdom 177 Manufacturing July Ardagh Group United Kingdom 146 Manufacturing September FG Wilson United Kingdom 760 Manufacturing September SONAE Industria United Kingdom 220 Manufacturing September Morrisons United Kingdom 165 Professional services September South Tyneside Council United Kingdom 350 Public administration August and defence Julian Graves United Kingdom 755 Retail August Lloyds Pharmacy United Kingdom 120 Retail August Allders United Kingdom 850 Retail September Source: European Monitoring Centre on Change
    • home22 | Employment RestructurinG report | European union edition Q4 2012 contents summary 01 EU Labour market trends 02 EU member state labour07 trends Organisation Location Total (approx) Industry Month 03 most heavily impacted sectors Manner Austria 60 Manufacturing August 04 reasons Fresenius Kabi Austria 100 Manufacturing July for announced job losses Wacker Neuson Austria 200 Manufacturing September 05 european Metaldyne Czech Republic 100 Manufacturing September labour marketmajor job Phone Régie France 150 Administrative services September outlook 06 majorcreations Ministry of Agriculture France 110 Education July job layoffs Complétude France 150 Education September announced in europeannounced Ausy Roullier France France 1,200 Information/communication 120 Manufacturing July September 07 major job creationsin europe Ekium France 150 Professional services September announced in europe Pôle emploi France 2,000 Public administration and July about thisJUL to SEPT 2012 defence report E. Leclerc France 140 Retail July Uniqlo France 200 Retail July My Ferry Link France 500 Transportation/storage July CHG Meridian Germany 100 Information/communication July Glashütte Original Germany 70 Manufacturing September Klemme Germany 100 Manufacturing September Kunststofftechnologie Aurich Germany 600 Manufacturing September Aida Cruises Germany 3,000 Transportation/storage August Germanos Group & Wind Hellas Greece 100 Retail September Teljes Életért Nonprofit Hungary 186 Administrative services July Avis Budget Group BSC Hungary 235 Administrative services September Chanticleer Holdings Europe Hungary 110 Hotel/restaurants August IBM Data Storage Systems Hungary 180 Information/communication September Stadler Rail Hungary 230 Manufacturing September Aviva Ireland 220 Financial services July Arvato Finance Ireland 100 Financial services September Bluebird Care Ireland 510 Health/social work August Jo’Burger Ireland 120 Hotel/restaurants August Electronic Arts Ireland 300 Information/communication September HubSpot Ireland 150 Information/communication September
    • home23 | Employment RestructurinG report | European union edition Q4 2012 contents summary 01 EU Labour market trends 02 EU member state labour07 trends Organisation Location Total (approx) Industry Month 03 most heavily impacted sectors Microsoft Ireland 100 Information/communication September 04 reasons Deloitte Ireland 280 Professional services September for announced job losses McArthurGlen Italy 250 Retail July 05 european Uralvagonzavod Latvia 100 Manufacturing September labour marketjob creations outlook Callcredit Information Group Lithuania 200 Financial services September 06 major Danske Bank Lithuania 50 Financial services September job layoffs Storebrand Baltic Lithuania 100 Financial services September announced in europe Tipico Malta 100 Arts/entertainment July 07 major Hotel RUI Seabank Malta 175 Hotel/restaurants August job creations announced Costa Coffee Malta 250 Hotel/restaurants September in europe Serco Poland 450 Administrative services August about this Polkomtel Poland 300 Administrative services September report Brown Brothers Harriman Poland 200 Financial services July IBM Poland 200 Information/communication September Sii Poland 200 Information/communication September Nebiolo Poland Poland 100 Manufacturing July Nokia Siemens Networks Poland 200 Manufacturing July Stocznia Gdańsk Poland 300 Manufacturing July SuperDrob Zakłady Drobiarsko-Mięsne Poland 225 Manufacturing July WNS Poland 500 Professional services August Speedmail Poland 1,000 Transportation/storage August Przewozy Regionalne Poland 500 Transportation/storage July United Oilfield Services Poland 120 Transportation/storage July Teleperformance Portugal 1,200 Administrative services September Salvador Caetano SA Portugal 200 Manufacturing August Mohave Oil and Gas Portugal 200 Mining/quarrying September Primark Portugal 125 Retail August Sonae Portugal 174 Retail August Gral Medical Romania 200 Health/social work July Continental Automotive Romania Romania 550 Manufacturing August Jolidon Import Export Romania 100 Manufacturing August
    • home24 | Employment RestructurinG report | European union edition Q4 2012 contents summary 01 EU Labour market trends 02 EU member state labour07 trends Organisation Location Total (approx) Industry Month 03 most heavily impacted sectors Holzindustrie Schweighofer Romania 100 Manufacturing July 04 reasons Sumitomo Electric Romania 1,500 Manufacturing July for announced job losses Battistero Romania Romania 500 Manufacturing September 05 european Romcab Romania 500 Manufacturing September labour marketjob creations outlook Emerson Romania Romania 1,000 Professional services September 06 major Cora Romania Romania 900 Retail July job layoffs Dedeman Romania 174 Retail July announced in europe IBM Slovakia Slovakia 170 Information/communication September 07 major Rubig Slovakia 155 Manufacturing August job creations announced Bronx International Slovakia 120 Manufacturing September in europe Asko Slovenia 450 Manufacturing July about this Ikea Spain 380 Retail July report Decathlon Spain 112 Retail September Mercadona Spain 111 Retail September Primark Spain 162 Retail September HMRC United Kingdom 1,000 Administrative services August LaSer UK United Kingdom 100 Administrative services August Firstsource United Kingdom 100 Administrative services July Wood Group PSN United Kingdom 150 Construction July Hastings Direct United Kingdom 200 Financial services September M&S Bank United Kingdom 200 Financial services September BT United Kingdom 400 Information/communication August Talk Talk United Kingdom 500 Information/communication September Cranswick and Yorkshire Baker United Kingdom 300 Manufacturing August Linda McCartney United Kingdom 150 Manufacturing August ABB United Kingdom 120 Manufacturing July Jaguar Land Rover United Kingdom 1,100 Manufacturing July DRL United Kingdom 160 Retail August Greggs United Kingdom 500 Retail August CSL United Kingdom 100 Retail September EasyJet United Kingdom 120 Transportation/storage August Amazon United Kingdom 2,000 Transportation/storage September Source: European Monitoring Centre on Change
    • About the Author Todd Wheatland, VP Thought Leadership With 15 years experience in the human resources and workforce consulting space, Todd has overall responsibility for thought leadership at Kelly Services. 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 therelevant markets, with a detailed focus on the most recent data regarding mass layoffs and restructuring. The report is compiled utilising publiclyavailable data from official, private and not-for-profit organisations. Published on a quarterly basis, the Employment Restructuring Report is available inseparate editions for the United States and the European Union.Countries Covered IN this ReportThis edition of the Employment Restructuring Report covers Norway and the 27 countries of the European Union. Those countries are:Austria Czech Republic France Ireland Luxembourg Portugal SpainBelgium Denmark Germany Italy Malta Romania SwedenBulgaria Estonia Greece Latvia Netherlands Slovakia United KingdomCyprus Finland Hungary Lithuania Poland SloveniaAbout Kelly Services®Kelly Services, Inc. (NASDAQ: KELYA, KELYB) is a leader in providing workforce solutions. Kelly® offers a comprehensive arrayof 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 550,000 employees annually. Revenue in 2011 was $5.6 billion.Visit www.kellyservices.com and connect with us on Facebook, LinkedIn, & Twitter.To Receive this ReportThis report is available to registered subscribers at www.kellyocg.comA Kelly Services ReportAll trademarks are property of their respective owners. © 2011 Kelly Services, Inc.kellyservices.com