EU Employment Restructuring Report Q4 2012
25
EMPLOYMENT RESTRUCTURING REPORT 2012 EUROPEAN UNION EDITION 4
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Transcript of EU Employment Restructuring Report Q4 2012
employment restructuringreport
2012
e u r o p e a n u n i o n e d i t i o n
4
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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 Q4 2012
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 job layoffs announced in europe p/14
07major job creations announced in europe p/22
about this report p/25
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
methodology notes:
the Employment
Restructuring Report is
compiled by Kelly services
using publicly-available data
from official, private and
non-profit organisations. it
aims to provide a summary
of the leading factors
contributing to labour
and hiring conditions in
the relevant markets,
with a special focus on
up-to-date layoffs and
job creation statistics.
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 job layoffs announced in europe
07 major job creations announced in europe
about this report
➔ Job losses jumped
in the third quarter of
2012 as the painful debt
restructuring saga dragged
on, and as the EU economy
moved closer to recession.
Dismal economic growth
figures show that the
likelihood of a return to
recession seems almost
inevitable, with modest
economic recovery not likely
until at least mid-2013.
there remains tremendous uncertainty over the capacity to
absorb the deep structural remedies necessary to restore
long term fiscal balance.
3 | employment restructuring report | european union edition Q4 2012
Notwithstanding some
positive measures to allay
the immediate debt and
banking crisis afflicting the
EU, there remains tremendous
uncertainty over the capacity
to absorb the deep structural
remedies necessary to restore
long term fiscal balance.
The depth and duration
of the required economic
adjustment, not to mention
the social consequences,
are only beginning to be
fully realized, in terms of
longer term European
unity and global growth.
Official OECD estimates
have downgraded both
EU economic activity
and growth among the
developed economies,
largely as a consequence
of the EU stagnation.
GDP growth in the third
quarter in the EU was a
meagre 0.1% and year-over-
year recorded a fall of 0.4%.
Throughout the year, the
UK declined -0.1%, France
edged 0.1% higher and
Germany grew by 0.9%.
While more positive signs
emerge from the US, and
with China’s own mini-slump
looking to have bottomed, the
EU’s problems remain a serious
threat to the world economy.
Within the EU, the number
of job losses as a result of
business restructuring activity
jumped in the third quarter
to more than 100,000, while
the number of job creations
fell to a just 30,000.
Equally worrying is that the
economic weakness that was
once confined to peripheral
economies is beginning to
impact core economies.
Across the EU, the impact
of austerity measures is
producing stark differences
in economic performance
and employment. Rising
unemployment rates
and, in particular, youth
unemployment rates in Greece
and Spain of above 50%
are calling into question the
merit of spending cutbacks
and the capacity to sustain
austerity over the long haul.
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 job layoffs announced in europe
07 major job creations announced in europe
about this report
➔ The European
Monitoring Centre on Change
(EMCC) reports that the labour
market weakened in the third
quarter of 2012, as job losses
climbed and job creations fell.
There were a total of 274
cases of business restructuring
affecting employment, with
01eu labour marKet trends
4 | employment restructuring report | european union edition Q4 2012
197 resulting in redundancies
and 77 involving job creation.
In all, there were a total of
105,076 announced job
losses in the third quarter,
approximately 32,000
higher than in the previous
quarter, and some 48,000
higher than a year earlier.
The number of job creations
in the third quarter totaled
30,520, approximately
17,000 fewer than in the
previous quarter, and 3,000
fewer than a year ago.
The gap between job
losses and creations was at
its highest in two years.
The unemployment rate in
the EU has continued to rise,
sitting at 10.6% at the end of
the third quarter, compared
with 9.8% a year earlier.
Eurostat estimates that there
are 25.7 million people
unemployed in the EU,
approximately 2.1 million
higher than at the same
time in the previous year.
Also, the disparities in
unemployment are at historic
levels, as the varying impacts
of austerity measures take
effect. At the low end,
unemployment ranges from
4.6% in Austria and 5.5% in
Luxembourg, Netherlands
and Germany, up to 25%
in Spain and Greece.
total reported european job losses and gains resulting from restructuring (Q1 2006 to Q3 2012)
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 job layoffs announced in europe
07 major job creations announced in europe
about this report
Source: European Restructuring Monitor (ERM), European Monitoring Centre on Change
5 | employment restructuring report | european union edition Q4 2012
0
50000
100000
150000
200000
250000 Creation
Loss
2012/Q32012/Q22012/Q12011/Q42011/Q32011/Q22011/Q12010/Q42010/Q32010/Q22010/Q12009/Q42009/Q32009/Q22009/Q12008/Q42008/Q32008/Q22008/Q12007/Q42007/Q32007/Q22007/Q12006/Q42006/Q32006/Q22006/Q1
Creation
Loss
Creation
Loss
0
50,000
100,000
150,000
200,000
250,000Creation
Loss
2011
/Q4
2012
/Q1
2012
/Q2
2012
/Q3
2011
/Q3
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
LossCreation
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.
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 job layoffs announced in europe
07 major job creations announced in europe
about this report
➔ Cuts to government
spending saw Italy record the
largest number of job losses
in the quarter – a total of
31,340 positions lost, largely
as a result of the 24,000 jobs
axed from the public sector.
In Germany, there were 16,297
jobs lost, including 2,400 at
energy provider RWE, 2,000 at
retail chain Karstadt, and 2,000
as a result of the bankruptcy
of shipbuilder P&S Werften.
02eu member state labour trends
6 | employment restructuring report | european union edition Q4 2012
new positions, largely assisted
by 2,000 new jobs at Amazon.
In Romania, there were
5,700 job creations, with
Sumitomo Electric Wiring
Systems establishing a
new production facility and
1,500 new positions.
France saw a total of 4,700
jobs created, boosted
by the French Ministry of
Labour announcing 2,000
new positions for one of its
public employment service
providers. Also in France,
IT firm Ausy announced the
creation of 1,200 positions.
The single largest case of
job creation in the quarter
was from German cruise
line Aida, which will create
3,000 jobs by 2016.
In France, a total of 12,884
jobs were lost, with a
major factor being 8,000
job cuts at car maker
PSA Peugeot-Citroën.
Poland also suffered significant
weakness in its labour
market, with 8,420 jobs
being lost in the quarter.
The country with the largest
case of job creation was the
United Kingdom, with 7,200
total reported european job losses by country (Q4 2011 to Q3 2012)
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 job layoffs announced in europe
07 major job creations announced in europe
about this report
7 | employment restructuring report | european union edition Q4 2012
Source: European Restructuring Monitor (ERM), European Monitoring Centre on Change
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000Q3 2012
Q2 2012
Q1 2012
Q4 2011
Aus
tria
Bul
gar
ia
Slo
vaki
a
Bel
giu
m
Slo
veni
a
Cze
ch R
epub
lic
Irel
and
Den
mar
k
Po
rtug
al
Ro
man
ia
Gre
ece
Finl
and
Spai
n
Hun
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y
Swed
en
Net
herl
and
s
Uni
ted
Kin
gd
om
Po
land
Fran
ce
Ger
man
y
Ital
y
0
5000
10000
15000
20000
25000
30000
35000
40000 Q3 2012
Q2 2012
Q1 2012
Q4 2011
AustriaBulgariaSlovakiaBelgiumSloveniaCzech RepublicIrelandDenmankPortugalRomaniaGreeceFinlandSpainHungarySwedenNetherlandsUnited KingdomPolandFranceGermanyItaly
Q2 2010Q1 2010Q4 2009Q3 2009
Q3 2012Q2 2012Q1 2012Q4 2011
in germany, there
were 16,297 jobs lost,
including 2,400 at
energy provider rwe,
2,000 at retail chain
Karstadt, and 2,000 as
a result of the
banKruptcy of
shipbuilder p&s werften.
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 job layoffs announced in europe
07 major job creations announced in europe
about this report
total reported european job gains by country (Q4 2011 to Q3 2012)
Source: European Restructuring Monitor (ERM), European Monitoring Centre on Change
8 | employment restructuring report | european union edition Q4 2012
the country with
the largest case
of job creation
was the united
Kingdom, with 7,200
new positions,
largely assisted by
2,000 new jobs at
amazon.
0
5000
10000
15000
20000
25000 Q3 2012
Q2 2012
Q1 2012
Q4 2011
Czech RepublicLithuaniaAustriaSlovakiaItalyMaltaSpainHungaryIrelandPortugalGermanyPolandFranceRomaniaUnited Kingdom
0
5,000
10,000
15,000
20,000
25,000
Q3 2012
Q2 2012
Q1 2012
Q4 2011
Cze
chR
epub
lic
Lith
uani
a
Aus
tria
Slo
vaki
a
Ital
y
Mal
ta
Spai
n
Hun
gar
y
Irel
and
Po
rtug
al
Ger
man
y
Po
land
Fran
ce
Ro
man
ia
Uni
ted
Kin
gd
om
Q3 2012Q2 2012Q1 2012Q4 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 job layoffs announced in europe
07 major job creations announced in europe
about this report
➔ Two sectors –
manufacturing and public
administration – accounted for
just over half of all job losses
in the third quarter of 2012.
The slowdown in economic
activity across the EU was
reflected in the loss of 32,501
jobs in the manufacturing
sector during the quarter.
This takes total job losses
in the manufacturing sector
to almost 96,000 in the first
three quarters of the year.
9 | employment restructuring report | european union edition Q4 2012
Cutbacks to government
budgets saw just over
25,000 jobs disappear in
public administration.
The financial services
industry also felt the erosion
of consumer demand
and reduced disposable
income, with more than
16,000 jobs vanishing.
Continued tough conditions
in the retail sector and weak
consumer spending resulted
in almost 8,500 jobs lost,
while the IT sector saw
6,251 positions disappear.
When it comes to employment
gains, the manufacturing
sector recorded the highest
number with 8,350 positions
created, followed by transport
& storage (7,240), retail
(3,554), and information/
communication (2,380).
total reported european job losses by sector (Q3 2012)
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 job layoffs announced in europe
07 major job creations announced in europe
about this report
Source: European Restructuring Monitor (ERM), European Monitoring Centre on Change
10 | employment restructuring report | european union edition Q4 2012
0
5000
10000
15000
20000
25000
30000
35000
40000
Arts/EntertainmentHotels/restaurantsProfessional servicesMiningAgricultureHealth /social workEducationAdministrationUtilitiesTransport /storageConstructionInformation/communicationRetailFinancial servicesPublic administration & defenceManufacturing
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
Art
s/en
tert
ainm
ent
Ho
tels
/res
taur
ants
Pro
fess
iona
l ser
vice
s
Min
ing
Ag
ricu
ltur
e
Hea
lth/
soci
al w
ork
Ed
ucat
ion
Ad
min
istr
atio
n
Uti
litie
s
Tran
spo
rt/s
tora
ge
Co
nstr
ucti
on
Info
rmat
ion/
com
mun
icat
ion
Ret
ail
Fina
ncia
l ser
vice
s
Pub
lic a
dm
inis
trat
ion
and
def
ence
Man
ufac
turi
ng
32,501
25,500
16,076
8,4466,251 6,040 5,067
3,000 2,628 1,658 1,331 986 700 575 557 200
continued tough conditions in the retail sector and weaK
consumer spending resulted in almost 8,500 jobs lost
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 job layoffs announced in europe
07 major job creations announced in europe
about this report
total reported european job gains by sector (Q3 2012)
Source: European Restructuring Monitor (ERM), European Monitoring Centre on Change
11 | employment restructuring report | european union edition Q4 2012
when it comes to
employment gains,
the manufacturing
sector recorded
the highest number
with 8,350 positions
created, followed
by transport &
storage (7,240).
0
2000
4000
6000
8000
10000
Arts/entertainmentConstructionMiningEducatiomHotels/restaurantsHealth/social workFinancial servicesProfessional servicesPublic administration and defence AdministrationInformation/communicationRetailTransport /storageManufacturing
0
2,000
4,000
6,000
8,000
10,000
Art
s/en
tert
ainm
ent
Co
nstr
ucti
on
Min
ing
Ed
ucat
ion
Ho
tels
/res
taur
ants
Hea
lth/
soci
al w
ork
Fina
ncia
l ser
vice
s
Pro
fess
iona
l ser
vice
s
Pub
lic a
dm
inis
trat
ion
and
def
ence
Ad
min
istr
atio
n
Info
rmat
ion/
com
mun
icat
ion
Ret
ail
Tran
spo
rt /
sto
rag
e
Man
ufac
turi
ng
8,350
7,240
3,554
2,380 2,221 2,000 1,9301,270
710 655260 200 150 100
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 job layoffs announced in europe
07 major job creations announced in europe
about this report
➔ The vast majority
of positions that are being
lost are still attributable
to voluntary internal
restructuring, as enterprises
seek to manage their way out
of the economic quagmire.
A total of 77% of the job
losses identified in the
quarter were put down to
internal restructuring.
However, 15% of the losses are
the result of both bankruptcies
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.
total reported european job losses by type of restructuring Q3 2012
12 | employment restructuring report | european union edition Q4 2012
Bankruptcy
Internal restructure
Offshoring/delocalisation
Closure
Merger/acquisition
77%
9%
6%
6% 2%
Source: European Restructuring Monitor (ERM), European Monitoring Centre on Change
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 job layoffs announced in europe
07 major job creations announced in europe
about this report
➔ Europe’s economy
is in for further difficult
days, with all the forecasts
pointing to ongoing weak
activity and nervousness
surrounding official efforts
to rein in government debt
and curtail spending.
In a pattern that is becoming
familiar, the immediate
crisis facing Greece has
been averted, with an
agreement to reduce the
country’s debt by 40 billion
and soften its medium term
debt-to-GDP targets.
So another crisis is averted,
which, depending on your
view, either avoids catastrophe
or forestalls the inevitable.
There are many uncertainties
and too few positives
hovering over the EU to
13 | employment restructuring report | european union edition Q4 2012
have anything other than
a downbeat outlook.
Glimmers of optimism, such
as a more positive tone
in the UK economy, are
overshadowed by the weak
consumer and business
confidence elsewhere.
The European Economic
Sentiment Indicator
has reached a new low,
while the eurozone
Purchasing Managers’
Index has worsened.
The labour market, as
a lagging indicator, will
continue to feel the pain from
weak business sentiment,
low levels of investment,
and worried consumers.
Even if, as the OECD and
IMF suggest, the EU economy
begins to respond by
mid-2013, it will be well into
2013 before the labour market
starts to show signs of life.
On the positive side, there are
more hopeful signs emerging
from the US economy, where
business activity and the
housing market are seeing
definite signs of recovery.
Even the political stage show
surrounding the so-called
fiscal cliff seems likely to avoid
an economic meltdown.
In China, the key indicator
of factory output has
registered its first uptick in
the last year, suggesting
that the contraction there
may be nearing an end.
The OECD makes a very clear
point about the EU outlook
– some decisive action has
already been taken but much
more will be needed to stem
deep-rooted imbalances
in a number of countries.
The question remains whether
the most troubled economies
have the political or social
will to manage a monumental
turnaround in productive
capability and lifestyle. Equally,
will the central bankers
and the better-performing
economies be able to endure
this prolonged re-balancing?
For the moment, there is
little to cheer. The best that
can be expected is that
the EU will lurch from one
economic or banking hurdle
to the next, and that global
recovery will help to push
it toward a more stable
recovery some time in 2013.
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 job layoffs announced in europe
07 major job creations announced in europe
about this report
06major job layoffs announced in europejul to sept 2012
Holzindustrie Lenzing Austria 104 Manufacturing August
Stefanini Belgium 182 Administrative services August
Thomas Cook Belgium Belgium 100 Administrative services September
BNP Paribas Fortis Belgium 270 Financial services September
Van Gansewinkel Belgium 100 Utilities September
Bulgarian Customs Agency Bulgaria 150 Public administration and defence
July
LAIKI BANK Cyprus 185 Financial services July
Megatech Industries Czech Republic 100 Manufacturing July
Paramo Czech Republic 60 Manufacturing July
SCHOTT Solar Czech Republic 500 Manufacturing July
MOVO Plzeň Czech Republic 197 Manufacturing September
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
14 | employment restructuring report | european union edition Q4 2012
Organisation Location Total (approx) Industry Month
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 job layoffs announced in europe
07 major job creations announced in europe
about this report
06 Crédit Agricole Cheuvreux France 290 Financial services September
Dexia France 312 Financial services September
Claf France 350 Health/social work September
Groupe Acti France 250 Information/communication July
Bouygues Telecom France 556 Information/communication September
France Télévision France 500 Information/communication September
Groupama supports et services France 180 Information/communication September
Laboratoires Expanscience France 119 Manufacturing August
Lohr Industrie France 168 Manufacturing August
Ascométal France 307 Manufacturing July
Panotel France 113 Manufacturing July
Pilpa France 120 Manufacturing July
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
Organisation Location Total (approx) Industry Month
job layoffs
15 | employment restructuring report | european union edition Q4 2012
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 job layoffs announced in europe
07 major job creations announced in europe
about this report
06 Iveco Germany 890 Manufacturing July
MEKRA Lang Germany 120 Manufacturing July
Opel Germany 500 Manufacturing July
Pierburg Germany 100 Manufacturing July
Schüco Germany 275 Manufacturing July
Atmel Germany 68 Manufacturing September
Dailycer Germany 180 Manufacturing September
Elopak Germany 100 Manufacturing September
Manroland Germany 110 Manufacturing September
Merck Germany 1,100 Manufacturing September
Optifit Germany 150 Manufacturing September
Prysmian Germany 160 Manufacturing September
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
job layoffs
16 | employment restructuring report | european union edition Q4 2012
Organisation Location Total (approx) Industry Month
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 job layoffs announced in europe
07 major job creations announced in europe
about this report
MOL Hungary 700 Mining/quarrying September
Defence Forces Ireland 500 Public administration and defence
July
Target Express Ireland 398 Transportation/storage August
Lavoranti Muratori Italy 150 Construction September
Selciatori e Posatori Italy 120 Construction September
Banca popolare di Milano Italy 700 Financial services July
Creval Italy 150 Financial services July
UBI Banca Italy 1,500 Financial services July
Veneto Banca Italy 246 Financial services July
Hypo Alpe Adria Italy 118 Financial services September
Intesa Sanpaolo Italy 1,000 Financial services September
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 defence
July
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
job layoffs
17 | employment restructuring report | european union edition Q4 2012
Organisation Location Total (approx) Industry Month
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 job layoffs announced in europe
07 major job creations announced in europe
about this report
Rabobank Netherlands 3,000 Financial services July
Capgemini Netherlands 340 Information/communication August
Exact Netherlands 150 Information/communication July
Hewlett-Packard Netherlands 326 Information/communication July
DTG Netherlands 250 Information/communication September
IBM Netherlands 240 Information/communication September
Tata Steel Netherlands 125 Manufacturing August
Ericsson Netherlands 88 Manufacturing September
Vestia Netherlands 200 Public administration and defence
September
Jumbo Netherlands 500 Retail August
Mediq Netherlands 134 Retail September
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
Toruň 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 ňywnoňciowej Poland 380 Financial services September
ňagiel 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- Usługowe CECOMM
Poland 108 Information/communication September
MAMUT Poland 190 Manufacturing August
job layoffs
18 | employment restructuring report | european union edition Q4 2012
Organisation Location Total (approx) Industry Month
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 job layoffs announced in europe
07 major job creations announced in europe
about this report
Tabor Szynowy Opole Poland 279 Manufacturing August
Transsystem Poland 1,000 Manufacturing August
Fabryka Form Metalowych FORMET Poland 119 Manufacturing September
Rast Poland 750 Retail August
Miejski Zakład Usług Komunalnych Poland 180 Transportation/storage August
Przewozy Regionalne Białystok Poland 62 Transportation/storage September
Banif Portugal 300 Financial services July
BPI Portugal 120 Financial services July
BPN – Banco Português de Negócios Portugal 650 Financial services July
Finex Portugal 110 Manufacturing August
Royal Bank of Scotland Romania 350 Financial services August
Volksbank Romania Romania 170 Financial services August
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
job layoffs
19 | employment restructuring report | european union edition Q4 2012
Organisation Location Total (approx) Industry Month
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 job layoffs announced in europe
07 major job creations announced in europe
about this report
job layoffs
20 | employment restructuring report | european union edition Q4 2012
Organisation Location Total (approx) Industry Month
Alestis Spain 593 Manufacturing September
Boehringer Spain 120 Manufacturing September
Cementos Portland Spain 250 Manufacturing September
Formica Spain 170 Manufacturing September
Siemens Spain 141 Manufacturing September
Solaria Spain 201 Manufacturing September
Panaxia Sweden 400 Administrative services September
Svenska Spel Sweden 100 Arts/entertainment September
Svenska Dagbladet Sweden 50 Information/communication August
Dynapac Compaction Equipment Sweden 83 Manufacturing August
Fazer Skogaholm Sweden 91 Manufacturing August
HK Scan Sweden 150 Manufacturing August
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 and defence
August
The National Food Agency Sweden 300 Public administration and defence
September
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 job layoffs announced in europe
07 major job creations announced in europe
about this report
Apoteket Sweden 220 Retail September
Expert Sverige Sweden 817 Retail September
Finnlines Ship Management Sweden 300 Transportation/storage July
Aspers United Kingdom 100 Arts/entertainment August
WH Brown Construction United Kingdom 130 Construction August
Aviva United Kingdom 800 Financial services August
Diligenta United Kingdom 140 Financial services September
Direct Line United Kingdom 891 Financial services September
Nomura United Kingdom 200 Financial services September
Royal Bank of Scotland United Kingdom 300 Financial services September
Zurich Insurance Group United Kingdom 200 Financial services September
Bolton NHS Foundation Trust United Kingdom 200 Health/social work August
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 and defence
August
Julian Graves United Kingdom 755 Retail August
Lloyds Pharmacy United Kingdom 120 Retail August
Allders United Kingdom 850 Retail September
job layoffs
21 | employment restructuring report | european union edition Q4 2012
Organisation Location Total (approx) Industry Month
Source: European Monitoring Centre on Change
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 job layoffs announced in europe
07 major job creations announced in europe
about this report
07major job creations announced in europejul to sept 2012
Manner Austria 60 Manufacturing August
Fresenius Kabi Austria 100 Manufacturing July
Wacker Neuson Austria 200 Manufacturing September
Metaldyne Czech Republic 100 Manufacturing September
Phone Régie France 150 Administrative services September
Ministry of Agriculture France 110 Education July
Complétude France 150 Education September
Ausy France 1,200 Information/communication July
Roullier France 120 Manufacturing September
Ekium France 150 Professional services September
Pôle emploi France 2,000 Public administration and defence
July
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
22 | employment restructuring report | european union edition Q4 2012
Organisation Location Total (approx) Industry Month
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 job layoffs announced in europe
07 major job creations announced in europe
about this report
07 Microsoft Ireland 100 Information/communication September
Deloitte Ireland 280 Professional services September
McArthurGlen Italy 250 Retail July
Uralvagonzavod Latvia 100 Manufacturing September
Callcredit Information Group Lithuania 200 Financial services September
Danske Bank Lithuania 50 Financial services September
Storebrand Baltic Lithuania 100 Financial services September
Tipico Malta 100 Arts/entertainment July
Hotel RUI Seabank Malta 175 Hotel/restaurants August
Costa Coffee Malta 250 Hotel/restaurants September
Serco Poland 450 Administrative services August
Polkomtel Poland 300 Administrative services September
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 Gdaňsk Poland 300 Manufacturing July
SuperDrob Zakłady Drobiarsko-Miňsne 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
job creations
23 | employment restructuring report | european union edition Q4 2012
Organisation Location Total (approx) Industry Month
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 job layoffs announced in europe
07 major job creations announced in europe
about this report
07 Holzindustrie Schweighofer Romania 100 Manufacturing July
Sumitomo Electric Romania 1,500 Manufacturing July
Battistero Romania Romania 500 Manufacturing September
Romcab Romania 500 Manufacturing September
Emerson Romania Romania 1,000 Professional services September
Cora Romania Romania 900 Retail July
Dedeman Romania 174 Retail July
IBM Slovakia Slovakia 170 Information/communication September
Rubig Slovakia 155 Manufacturing August
Bronx International Slovakia 120 Manufacturing September
Asko Slovenia 450 Manufacturing July
Ikea Spain 380 Retail July
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
job creations
24 | employment restructuring report | european union edition Q4 2012
Organisation Location Total (approx) Industry Month
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 the european union.
COunTRIes COveRed In ThIs RepORT
This edition of the employment Restructuring Report covers norway and the 27 countries of the european union. 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 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 RepORT
This report is available to registered subscribers at www.kellyocg.com
Austria
belgium
bulgaria
Cyprus
Czech Republic
denmark
estonia
Finland
France
Germany
Greece
hungary
Ireland
Italy
Latvia
Lithuania
Luxembourg
Malta
netherlands
poland
portugal
Romania
slovakia
slovenia
spain
sweden
united Kingdom
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/toddwheatland
A KeLLy seRvICes RepORT
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