Restructuring events
European Restructuring Monitor (ERM)
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.
Car manufacturer Vauxhall has announced that it is to create a total of 550 new jobs across two of its UK sites. 250 new jobs will be based at its Luton site and 300 jobs will be at the site at Ellesmere Port, Cheshire. A spokesperson for the company described the news as the "first significant hire programme for a decade".
The Ellesmere port site will manufacture the Astra car, and the Luton site will produce the newly launched Vivaro van.
This announcement will be especially welcome for the Luton base, which had previously shed jobs in early 2013. The expansion plan will take place from the start of 2015.
Eurofound (2014), Vauxhall, Business expansion in United Kingdom, factsheet number 77311, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77311.