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.
Pharmaceutical company Glaxosmithkline has opened a new 56 million GBP laboratory at its site in Ware, Hertfordshire and will be creating 150 new jobs. When the new positions are filled the total head-count at the site will be 1,200. The site will manufacture inhalers to treat patients with pulmonary conditions. The company is also reported to be expanding at other sites in the UK, though the expansion at Ware is the most significant. The company has said that it expects that the majority of the new positions will be taken by people from the local area. It is not known when all the new positions will be filled.
Eurofound (2016), Glaxosmithkline, Business expansion in United Kingdom, factsheet number 87367, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/87367.