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.
High street bank TSB has announced plans to create 120 new back office roles at its site in Sheldon, Birmingham. Once filled, the site will employ more than 600 workers. The new jobs consist of customer service roles which will involve helping customers with money transfers and making payments to and from accounts. The decision to recruit comes as the bank plans to move to a new banking platform which is designed to increase the competition in the sector. There is no information available on when the jobs are expected to be filled, though recruitment for the new positions is underway.
Eurofound (2017), TSB, Business expansion in United Kingdom, factsheet number 91435, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/91435.