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.
Discount supermarket chain Aldi has announced that it is to recruit 5,500 new employees by the end of 2014. The new positions are in response to increased demand. The company plans to open 55 new stores by the end of the year and to expand the 525 stores already operating across the UK. The majority of the positions will be general store operatives who earn between £7.95 and £9.50 per hour following completion of a three month training programme. There will be 500 managerial and assistant managerial positions created; the salaries being between £35,800 and a maximum of £56,500 and between £23,700 and £34,000 respectively.
This announcement follows earlier expansion by the chain in 2013.
Eurofound (2014), Aldi, Business expansion in United Kingdom, factsheet number 77099, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77099.