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.
Churchill China, the British pottery manufacturer has announced plans to cut jobs due to the effect of the Covid-19 pandemic. The company has not confirmed the number of redundancies, however, the GMB trade union said that 250 staff are affected by the cuts and other sources stated that letters were sent to 500 employees last week.
A statement by the company said that the COVID-19 pandemic had a 'major impact' on the hospitality sector and the cuts were necessary to ensure the longer term sustainability of the business.
A representative of the GMB trade union said that the union will do everything to support its members and minimise the number of job losses.
Churchill China specialises in manufacturing the finest ceramic tableware for the retail and hospitality markets – its products are used in hospitality establishments in over 70 countries.
Eurofound (2020), Churchill China, Internal restructuring in United Kingdom, factsheet number 101253, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/101253.
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