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.
The American fast food restaurant chain McDonald's is recruiting around 300 new employees to its restaurants across Finland during autumn 2017. More staff is needed as the company's sales increased by 12% and the number of customers by 10% during the first half of 2017. Some of the new employees will replace students who at this point in the year quit their jobs to go back to school.
Competition in the Finnish fast food sector has tightened in recent years as several new fast food chains have started operations in the country. McDonald's sales weakened significantly and several less profitable units were closed down. However, this autumn a new restaurant with 45 employees will open in Helsinki.
Eurofound (2017), McDonald's, Business expansion in Finland, factsheet number 91828, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/91828.
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