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.
JDF Logistics, a haulage company based in Barnsley, is to close with the loss of 114 jobs. The company went into administration last month after experiencing cashflow problems which it attributed to the economic downturn. Administrators attempted to sell the business, but were unsuccessful. The business is in the process of being closed down over the course of the next 3 weeks, and staff are being laid off as their roles become redundant.
Eurofound (2009), JDF Logistics, Bankruptcy in United Kingdom, factsheet number 69820, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69820.