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.
Blacks Leisure, a retailer of outdoor goods, announced plans to cut 50 jobs from its 250 head office staff in Northampton. The cuts are part of a wider restructuring scheme which includes the closure of 89 loss-making stores. The company's surfwear division was also put into administration while Lloyds agreed to freeze its lending agreements until November 30. As of November 2009 no date has been given for the implementation of the cuts.
Eurofound (2009), Blacks Leisure, Internal restructuring in United Kingdom, factsheet number 69832, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69832.