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.
UK-owned business outsourcing specialist Capita has announced that it is to create 400 new jobs at its offices in Newtonabbey, Country Antrim, Northern Ireland. This follows recent similar expansion in the Republic of Ireland. The company specialises in providing IT services for public, private and third sector clients across the UK.
The jobs are being created by an investment of nearly £30 million, £4 million of which comes from Invest Northern Ireland. When the 400 new jobs are filled the total headcount in Newtonabbey will be just under 1,000. It is expected that these jobs will be filled over a three year period.
Eurofound (2014), Capita, Business expansion in United Kingdom, factsheet number 77079, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/77079.
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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