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 47 - Retail trade 47.6 - Retail sale of cultural and recreational goods 47.6 - Retail sale of cultural and recreational goods
200 jobs Number of planned job losses
Announcement Date
12 January 2009
Employment effect (start)
Foreseen end date
Description
Waterstones, a book retailer, is to cut 200 staff across the UK. The firm, which employs 4,500 staff at its 303 stores is attempting to reduce costs. As of 18 January 2009, the firm has not announced at which sites or when these job losses will occur.
Sources
12 January 2009: The Guardian
Citation
Eurofound (2009), Waterstones, Internal restructuring in United Kingdom, factsheet number 67821, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67821.