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.
Bookmaker William Hill is to close 109 shops. The company has made the announcement in response to the government's recent hike in betting taxes paid of the so-called 'fixed odds' gambling terminals. The closure of these shops will put 420 employees at risk of redundancy. The company has said that, given the nature of its workforce, it expects that those hardest hit by these job losses will be female and young workers.
Eurofound (2014), William Hill, Closure in United Kingdom, factsheet number 76988, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76988.