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.
Supermarket chain Morrisons announced the closure of four among its stores. The decision implies the loss of more than 400 jobs, and it follows a performance review of all 494 company outlets. The affected stores are based in Crawley, Ince-in-Makerfield, Shirley (West Midlands) and Swindon. The decision is now subject to the statutory consultation period, throughout which the company intends to assess measures for the reduction of redundancies and for the staff redeployment where possible, according to the company's spokesperson.
Eurofound (2019), Morrisons, Closure in United Kingdom, factsheet number 98439, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/98439.