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.
Principles, a clothing retailer, has made 100 staff redundant at its head office in Central London. More jobs are expected to be cut from the chain, which has gone into administration, with administrators planning to close 66 of the company's 85 stores. 2,300 staff are currently employed by the company.
Eurofound (2009), Principles, Internal restructuring in United Kingdom, factsheet number 68462, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68462.