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.
Tesco, Britain’s largest retailer, has announced the loss of 1,700 deputy manager jobs in its ‘Tesco Express’ branches and started the formal consultation period with the affected employees. Their jobs will be replaced by newly created ‘shift leader’ positions, which will be paid at a lower rate. According to the company, deputy managers will be offered the option to take the new shift leader positions, redeployment in other stores or redundancy payments. As 3,300 ‘shift leader’ positions are being created, the management claims there will be an overall increase in the number of jobs at Tesco. Pauline Foulkes of the Usdaw union said they are supporting staff with the consultation process.
In January 2017, Tesco announced a restructuring of its distribution network, and the company's latest announcement follows only weeks after the supermarket chain Waitrose announced removing the role of department manager across its stores.
Eurofound (2017), Tesco, Internal restructuring in United Kingdom, factsheet number 90368, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90368.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
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This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
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