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.
AO, the British online-only electrical and technology group has announced that it is creating 650 new jobs in a number of locations across England (Manchester, Bolton, Telford, Thatcham and Crewe) as well as working from home roles in all areas of the business. The recruitment drive has already started.
The chief executive said that the company had benefitted from customers shifting towards online shopping in the wake of the COVID-19 crisis and that AO had experienced a 'five years’ change in five weeks'.
AO, formerly known as Appliances Online was founded in 2000. It operates in the UK and Germany, selling household and other electrical appliances. The company has sponsored a recent series of the British television show, Britain's Got Talent.
Eurofound (2020), AO World, Business expansion in United Kingdom, factsheet number 101944, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/101944.
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...
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Since 2013, Eurofound's ERM database on restructuring-related legislation has been documenting regulatory developments in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change. The most recent update to the...
