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.
McCain Foods (GB), the manufacturer of frozen food products has announced plans to cut jobs at its production plant in Easton, near Grantham in Lincolnshire, putting 230 employees at risk of redundancy. The compulsory consultation period with employees has already started.
A spokesperson for the company said that the aim of the restructuring was to ’optimise’ their UK network of production facilities.
Canada-based McCain Foods is the world’s largest manufacturer of frozen potato products, with production plants across six continents and 21,000 employees. The plant in Easton, formerly known as PAS (Grantham) Limited, is one of the four potato processing plants owned by McCain Foods in the United Kingdom.
Eurofound (2019), McCain Foods , Internal restructuring in United Kingdom, factsheet number 99501, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/99501.
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...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
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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...
