Internal restructuring
United Kingdom
Location of affected unit(s)
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale Of Cultural And Recreation Goods In Specialised Stores
47.65 - Retail sale of games and toys in specialised stores

800 jobs
Number of planned job losses
Job loss
Announcement Date
19 December 2017
Employment effect (start)
Foreseen end date


Retailer Toys R Us is reported to be cutting 800 jobs and closing a number of its UK outlets. The toy retailer had previously been reported to be on the brink of collapse, which would have threatened all 3,200 of its employees. However, the Pension Protection Fund and the business's creditors have backed plans for a company voluntary arrangement (CVA). The CVA means that at least 26 of the chain's loss making stores will close and there will be staff reductions at other sites. The changes are subject to the statutory consultation procedures and discussions will open at the start of 2018. For the time being no job cuts will take place, though it is reported that cuts are expected from the spring of 2018.


  • 19 December 2017: The Guardian
  • 21 December 2017: Evening Standard
  • 21 December 2017: The Guardian


Eurofound (2017), Toys R Us, Internal restructuring in United Kingdom, factsheet number 92939, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/92939.