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.
Three hundred Tesco depot workers are to lose their jobs at a supermarket distribution centre in Milton Keynes.
In February 2006 Tesco will close the Kiln Farm depot which it opened 32 years ago. The company says that it can no longer operate at a level needed to serve the company's stores and customers.
Tesco is also meeting workers one-to-one to try to relocate as many staff as possible. Some might be found jobs at Tesco's other big distribution depot in the city at Fenny Lock - which employs 1,200 people - or a new warehouse at Daventry.
Eurofound (2005), TESCO, Closure in United Kingdom, factsheet number 62479, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62479.
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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