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.
LIDL, a German discount supermarket chain, is to hire 300 additional workers in the next two years. This is due to the fact that the management decided to extend the opening hours of their supermarkets. Shops will be opened two hours more per day (from 8.30am to 8.00pm instead of 9.00am to 6.30pm).
The 300 new workers will account for one new worker per LIDL outlet in Belgium. Additionally, workers will be paid more given the new opening hours.
Eurofound (2012), Lidl, Business expansion in Belgium, factsheet number 73093, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/73093.
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