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.
Financial Services Financial And Insurance Activities Financial Service Activities, Except Insurance And Pension Funding 64 - Financial service activities, except insurance and pension funding
200 jobs Number of planned job creations
Announcement Date
2 March 2009
Employment effect (start)
Foreseen end date
Description
Tesco has announced that its Personal Finance Division is to create 200 jobs in Edinburgh. The jobs come as Tesco seeks to consolidate its Personal Finance Operations into a single site. The company employs around 275,000 people worldwide, although no data is available as to how many people are employed in the Personal Finance Division. As of 8 March 2009 no date has been set for the creation of these jobs.
Sources
2 March 2009: BBC News ()
Citation
Eurofound (2009), Tesco, Business expansion in United Kingdom, factsheet number 68446, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68446.
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