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.
Tesco Bank, the banking department of supermarket chain Tesco, is to create 300 new jobs in Edinburgh and Glasgow. The new jobs will be mainly created in customer service.
The measure is following the launch of the company's new current account in 2014. As of 16 December 2013, no specific timeline has been given for the job creation.
In mid-2013, parent company Tesco had announced the creation of 300 jobs in Sunderland.
Eurofound (2013), Tesco Bank, Business expansion in United Kingdom, factsheet number 76334, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/76334.
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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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...
