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.
Fencing company Betafence has confirmed that it has started consultation with employee representatives over a proposed restructure which involves the loss of up to 120 jobs. The manufacturer of wire fencing, which is based in Sheffield, intends to cease manufacture of cable and wire in the UK and relocate to other centres within the group's global business. Betafence is a Belgian owned company which now only operates the Sheffield site in the UK, having closed its Wigan operations in 2009. The proposed reductions are due to be completed by the end of May 2017.
Eurofound (2016), Betafence, Internal restructuring in United Kingdom, factsheet number 89296, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/89296.