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.
Accommodation / Food 56 - Food and beverage service activities 56.3 - Beverage serving activities 56.3 - Beverage serving activities
1,000 jobs Number of planned job creations
Announcement Date
22 May 2014
Employment effect (start)
Foreseen end date
31 May 2019
Description
Brewer and pub operator JW Lees has announced it will create 1,000 jobs over the next five years. The job creation is a result of a GBP 67.5 million investment by the company, which will see JW Lees buy and develop 65 pubs in the North-West of England. According to the source, the company has had record sales levels for the past 12 months.
The source also reports that the company will be starting a profit share scheme for its staff so that they will benefit from the company's financial growth.
Sources
22 May 2014: Manchester Evening News
Citation
Eurofound (2014), JW Lees, Business expansion in United Kingdom, factsheet number 77108, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77108.