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.
Daily Mail and General Trust, a media company, has announced that it is to cut 400 jobs across the UK. The company, which owns titles such as the Daily Mail and London Evening Standard as well as other regional titles, attributed the job cuts to a need to reduce costs as advertising revenues have fallen, particularly amongst property listings. As of 23 November 2008, it is not known at which sites the job losses will occur, when the jobs will be lost, or how many jobs will remain.
Eurofound (2008), Daily Mail and General Trust, Internal restructuring in United Kingdom, factsheet number 67429, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67429.