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.
Construction 41 - Construction of residential and non-residential buildings 41 - Construction of residential and non-residential buildings 41.0 - Construction of residential and non-residential buildings
700 jobs Number of planned job creations
Announcement Date
13 March 2018
Employment effect (start)
1 May 2018
Foreseen end date
Description
House builder Persimmon Homes has announced plans to create 700 new jobs. The jobs will contribute to new developments in South Wales along the 'M4 corridor' as the company intends to build approximately 1,500 homes each year. The new jobs which are being created include approximately 300 groundworkers, 150 carpenters and 250 bricklayers. A spokesperson for the company commented that the business was able to offer secure employment with good rates of pay and opportunities for training, because of the new plans for construction. There is no information about when the jobs are likely to start, though the recruitment process is already in progress.
Sources
13 March 2018: BBC Website
13 March 2018: Wales Online
Citation
Eurofound (2018), Persimmon Homes, Business expansion in United Kingdom, factsheet number 93787, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93787.
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...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
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...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...