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.
North East (England); Northumberland, Durham and Tyne & Wear; Tyneside
Location of affected unit(s)
Sector
Financial / Insurance/ Estate 64 - Financial service activities, except insurance and pension funding 64 - Financial service activities, except insurance and pension funding 64 - Financial service activities, except insurance and pension funding
1,000 jobs Number of planned job creations
Announcement Date
28 October 2009
Employment effect (start)
Foreseen end date
Description
Supermarker chain Tesco has announced plans to create 1000 new jobs in North Tyneside. The company will open a banking customer service department at the Quorum Business Park, Longbenton following the signature of a long-term lease with Quorum. The new jobs will be implemented in 2010.
Sources
29 October 2009: Chronicle
Citation
Eurofound (2009), Tesco, Business expansion in United Kingdom, factsheet number 69883, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69883.