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.
Energy company E.On has announced plans to close its call centre in Wath Upon Dearne, South Yorkshire, resulting in the loss of 250 jobs. Consultation with trade unions will begin shortly. The consultation is expected to confirm the number of job losses, set out any plans for redeployment of staff and confirm the date on which the site will close.
The local Member of Parliament for South Yorkshire said that the job losses would have a large effect on the local economy. He stated that he hoped that E.On would agree to retrain or redeploy as many staff as possible, and that if there were no other options, that the redundancy package is as generous as possible.
Eurofound (2018), E.On, Closure in United Kingdom, factsheet number 93182, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93182.