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.
Tetra Pak has announced plans to close its cartons factory in Wrexham, which will result in the loss of up to 150 jobs. The cuts are blamed on changes in the export market which account for half of the factory's business. The factory employs 265 staff but it plans to keep 115 staff and redemploy another 20 in order to operate a finished goods warehouse. The company has entered a 90-day consultation period with staff and trade unions.
Eurofound (2010), Tetra Pak, Closure in United Kingdom, factsheet number 70999, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70999.