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.
The Jaguar formula one team could be closed down in November 2004 with the loss of 350 jobs, should talks with a consortium headed by Nigel Mansell fall through. The economic misery has been compounded by a difficult couple of years for Ford car sales in Europe and North America and continuing lack of profitability at Jaguar Cars which has announced that it will be closing its famous factory at Brown's Lane, Coventry, with the loss of several hundred jobs. Jaguar's collapse would also add to the unemployment among the specialist workforce in the British motor racing industry.
Eurofound (2004), Team Jaguar, Closure in United Kingdom, factsheet number 60713, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60713.