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.
Challenger bank Starling has announced plans to create 398 new jobs in the UK. The jobs are being supported by a 100 million GBP grant (€117 million) from the Capability and Innovation Fund. The first reports contained little information on the nature and location of the jobs, but subsequent reports have suggested that there will be new offices in Southampton which will house 150 staff, the majority of whom will be new recruits to the company. These staff will be in customer support (100 positions) and software engineer roles (50 positions). The new office in Southampton will be open sometime in the summer of 2019. There is no further information about where and when the remainder of the jobs will be created.
Eurofound (2019), Starling Bank, Business expansion in United Kingdom, factsheet number 97356, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/97356.