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.
East (England); Cambridgeshire and Peterborough; Peterborough
Location of affected unit(s)
Peterborough
Sector
Wholesale / Retail 47 - Retail trade 47.8 - Retail sale of motor vehicles, motorcycles and related parts and accessories 47.81 - Retail sale of motor vehicles
100 jobs Number of planned job creations
Announcement Date
1 August 2019
Employment effect (start)
Foreseen end date
Description
Car retailer Big Motoring World announced that it intends to create 100 new jobs as part of its expansion in Peterborough. The company finalised the purchase of a new site in a deal worth GBP 5.5 million (€6.05 million) and it just finished to recruit around 200 employees. The company plans to bring the total headcount of the site up to 312. The site will be used to prepare vehicles for the company's other sites or for direct dispatch to customers.
Eurofound (2019), Big Motoring World, Business expansion in United Kingdom, factsheet number 98351, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/98351.
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...