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.
Grattan, a retailer that sells directly through catalogues, is to cut 1,000 jobs. The firm employs 3,800 staff; 2,200 in Bradford, 600 in Sheffield, 500 in Peterborough, 100 in London and 400 in retail outlets. As of 18 January 2009, it is not known how many jobs will be lost at each site, or when these job losses will occur. The firm is attempting to cut costs by reducing its staffing levels.
Eurofound (2009), Grattan, Internal restructuring in United Kingdom, factsheet number 67831, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67831.