Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Jaguar Land Rover (JLR), the British care manufacturer, has announced that it has started a voluntary redundancy programme to cut up to 200 jobs, affecting employees, including management staff, who have been on the UK Government’s Coronavirus Job Retention Scheme since April. The company has not announced which sites are affected by the redundancies.
A spokesperson for JLR said it was 'prudent' to cut jobs and emphasised that the affected staff had been 'out of the business for more than seven months'.
Jaguar Land Rover is the UK’s largest carmaker, which employed 33,000 workers before the COVID-19 crisis started. In June the company announced plans to cut over 1,000 contract-agency jobs.
Eurofound (2020), Jaguar Land Rover, Internal restructuring in United Kingdom, factsheet number 102398, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/102398.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
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