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 Retail trade Intermediation service activities for retail sale 47.91 - Intermediation service activities for non-specialised retail sale
800 jobs Number of planned job losses
250 jobs Number of planned job creations
Announcement Date
27 February 2004
Employment effect (start)
Foreseen end date
Description
ShopDirect, formerly the mail order arm of Great Universal Stores, announced 800 job losses at three sites. 550 staff would lose their jobs at the Leeds depot and 250 in Worcester - and ShopDirect added that another 17 jobs would go at its "hanging garments operation", in Bolton. Following the closure of its Bangalore centre ShopDirect said it would take on up to 250 extra workers across seven sites, including Leeds, to replace those lost in India. Other locations include Burnley, Bolton and Widnes.
Sources
27 February 2004: The Guardian
Citation
Eurofound (2004), Shop Direct, Merger/Acquisition in United Kingdom, factsheet number 59819, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59819.
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