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.
The internet retailer Amazon is to create 1,200 full time and 1,500 seasonal jobs over the next 5 years with the opening of a new warehouse in Swansea Bay. Jobs range from distribution staff and management to IT support and pay would be 'very competitive for the area'. It is the company's fourth distribution centre in the UK - with others in Milton Keynes and in Scotland - and it said it will handle orders mainly for the home market but also abroad.
Allan Lyall, Amazon's vice president of European operations, said that as well as the company's more traditional books and CD market, they would be distributing electrical and household items. 'We feel that the site's great location, coupled with the ability to draw from a pool of strong local talent, will make this an extremely successful operation,' he added.
Three shifts of around 350 staff would work 24 hours a day packaging goods that would then be loaded on to lorries and transported across the country. Goods will be delivered in large volumes by suppliers - picked to fill individual orders, packed and then dispatched. It is estimated that 350 would be employed on each three shift system, seven days a week.
Eurofound (2007), Arlington Development Ltd, Business expansion in United Kingdom, factsheet number 65089, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/65089.
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...
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