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.
Betting firm Ladbrokes has announced that it plans to close its Aintree call centre with the loss of up to 263 jobs. The company has blamed strong competition from offshore rivals for its fall in revenue and the requirement to make job cuts.
Ladbrokes is negotiating with employee representatives, including Usdaw trade union representatives, and has announced that it will offer redeployment and relocation opportunities to minimise redundancies.
No time scale for the closure has been given.
Eurofound (2009), Ladbrokes, Internal restructuring in United Kingdom, factsheet number 69873, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69873.