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.
(46 - 47) Wholesale / Retail 47 - Retail trade 47.7 - Retail sale of other goods, except motor vehicles and motorcycles 47.75 - Retail sale of cosmetic and toilet articles
150 jobs Number of planned job losses
Announcement Date
27 February 2009
Employment effect (start)
Foreseen end date
Description
The Body Shop, a cosmetics retailer, is to cut 150 jobs across the UK. The jobs are part of a wider scheme to cut 275 jobs at the chain worldwide, with the company, which is owned by French multinational L'Oreal, operating over 2,400 stores in 61 countries. As of 1 March 2009, no date has been given for when these job losses will occur, and no data is available as to how many people are employed by the Body Shop in the UK.
Sources
27 February 2009: BBC News ()
Citation
Eurofound (2009), The Body Shop, Internal restructuring in United Kingdom, factsheet number 68400, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/68400.
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