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.
Door manufacturing company Leaderflush Shapland has announced 134 job losses at its Barnstaple factory. A 90 day consultation period which began on 31st March 2009 has brought the figure down from the 185 redundancies it was feared would be made when the company first made the announcement in April 2009. The downsizing was blamed on the recession, and will affect staff in sales, office support and security. The company, previously known as Shapland and Petter has been operating in the area since the 1950s and these cuts have been described as a massive blow for the town. Advice will be given to those who lose their jobs by Job Centre Plus staff, union representatives and prospective employers. No details were given regarding the date by which job losses are expected to be completed.
Eurofound (2009), Leaderflush Shapland, Internal restructuring in United Kingdom, factsheet number 69027, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69027.