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 Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Of Other Goods In Specialised Stores 47.75 - Retail sale of cosmetic and toilet articles in specialised stores
275 jobs Number of planned job losses
Announcement Date
27 February 2009
Employment effect (start)
Foreseen end date
Description
The Body Shop, a retailer of toiletries and cosmetics, is to cut 275 staff worldwide. The company, which has over 2400 stores worldwide in 61 countries, will make 150 of the cuts in the UK, but no further information has been released as to which other sites will be affected. As of 1 March 2009 the company, which is owned by French multinational L'Oreal, has not announced a timeline for the implementation of these redundancies, and no further information is available as to how many people the company will continue to employ.
Sources
27 February 2009: BBC News
Citation
Eurofound (2009), The Body Shop, Internal restructuring in World, factsheet number 68402, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68402.
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