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.
Kerry Foods has announced plans to close its Durham plant resulting in the loss of up to 350 jobs. The move is part of company efforts to remain competitive. The work will be transferred to other UK plans. Kerry Foods has entered a 90-day consultation period with the workforce while the union stated that the business case for the closure should be re-examined.
Eurofound (2012), Kerry Foods, Closure in United Kingdom, factsheet number 73391, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73391.