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.
Wholesale / Retail 47 - Retail trade 47.6 - Retail sale of cultural and recreational goods 47.64 - Retail sale of games and toys
150 jobs Number of planned job losses
Announcement Date
1 March 2013
Employment effect (start)
1 March 2013
Foreseen end date
Description
The Danish part of the multinational toys chain Build-a-Bear Workshop went bankrupt and thus 150 employees will lose their jobs. It was announced that since the employees were not paid for February 2013, the missing wage will be provided via the Employees' Guarantee Fund.
Sources
1 March 2013: Business.dk
Citation
Eurofound (2013), Build-a-Bear Workshop, Bankruptcy in Denmark, factsheet number 75233, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/75233.