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.
Burberry, the British luxury fashion house, has announced plans to cut around 1,700 jobs globally by 2027.
In manufacturing, Burberry will remove the entire night shift at its Castleford trench coat factory in Yorkshire, UK, impacting about 170 jobs.
In Italy, Burberry has launched a collective redundancy process at its regional headquarters, where it will dismiss 39 employees. A significant number of fixed-term contracts are also unlikely to be renewed. Italian trade unions have strongly opposed the decision, criticising the company for poor strategic choices and inadequate severance offers Burberry 2025 - IT.
The job cuts will also affect head office staff worldwide as well as retail employees through reorganised staff rotas.
The restructuring programme aims at reducing cost after a decline in profits. The company reported a £66 million annual loss.
Burberry is a British luxury brand established in 1856. Currently, the company operates in over 50 countries with around 422 directly operated stores as of March 2025. Burberry employs around 9,300 people worldwide.
Eurofound (2025), Burberry, Internal restructuring in World, factsheet number 203194, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203194.