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.
Retail Wholesale Trade, Except Of Motor Vehicles And Motorcycles Non-Specialised Wholesale Trade 46.9 - Non-specialised wholesale trade
700 jobs Number of planned job losses
Announcement Date
12 December 2008
Employment effect (start)
Foreseen end date
Description
Entertainment UK, a wholesale distributor of music CDs and film DVDs across the UK, is to cut 700 jobs at its Middlesex sites. The cuts will affect employees at the company's head office and distribution centres. The redundancies came after the administrators failed to find a buyer for the company. Entertainment UK as well as other subsidiaries of the Woolworths Group went into administration in November 2008. As of 12 December 2008 there is no information on when the job losses will be implemented by.
Sources
12 December 2008: BBC News UK
Citation
Eurofound (2008), Entertainment UK, Internal restructuring in United Kingdom, factsheet number 67630, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67630.
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