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.
Construction company Barratt Developments will create 600 new jobs. The jobs will be created in the North East Division of the company which covers Newcastle, Sunderland, Durham and Middlesbrough. Expansion of the workforce is required in order to build 628 new homes. This will mean that the workforce will increase from 1,600 employees at present to 2,200 during 2015. The jobs will include bricklayers, electricians, landscapers as well as support positions in head office. An upswing in the regional economy and health of the local housing market have been given as reasons as to why the company is able to increase its workforce by around two-fifths.
Eurofound (2015), Barratts Development, Business expansion in United Kingdom, factsheet number 78134, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/78134.