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.
Education publisher Pearson has opened a new finance centre in Belfast which will create 300 new jobs; 100 of the new positions have already been filled, with a further 200 roles still to be allocated.
The company has undergone major restructuring in 2016 resulting in job losses across its global operations. The opening of the new centre in Northern Ireland is part of the company's drive for greater efficiency across the business. The development agency Invest NI are supporting the venture with a grant of GBP 1.5 million (€1.7 million); the Department of the Economy are also supporting by providing skills training worth GBP 460,000 (€522,700).
Eurofound (2017), Pearson, Business expansion in United Kingdom, factsheet number 91059, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/91059.