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.
Supermarket chain Tesco announced plans to close its distribution centre in Middlewich resulting in the loss of 426 jobs. The cuts are a result of Tesco's decision to halt plans to build a superstore in the area. The company has been in consultation with unions and hopes to deploy staff to different sites and to keep compulsory redundancies to a minimum.
Eurofound (2010), Tesco, Closure in United Kingdom, factsheet number 70269, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70269.