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.
Charity telephone fundraising agency Listen closed with immediate effect, resulting in the loss of all 106 jobs. Based in London, the company had raised over GBP 250 million (€280.5 million) for its charitable clients during its ten years of operations. As it had been experiencing difficult trading conditions in recent times, the company entered into a company voluntary arrangement earlier in 2019 in a bid to pay off its debts and it explored as well other ways of attracting additional funding. A statement from the company confirmed that no charities were among its list of creditors.
Eurofound (2019), Listen, Closure in United Kingdom, factsheet number 98431, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/98431.