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.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Of Other Goods In Specialised Stores 47.71 - Retail sale of clothing in specialised stores
140 jobs Number of planned job losses
Announcement Date
27 June 2018
Employment effect (start)
Foreseen end date
Description
Fashion retailer Bonmarche is cutting 140 jobs across its stores. The cuts are part of a cost-cutting initiative and are subject to the statutory period of consultation. The positions, which have been earmarked for redundancy, are understood to be store assistant roles. Alongside the proposals to cut jobs, the company is also planning to introduce mobility clauses to staff contracts, meaning that employees can be asked to travel to different stores within a 25 mile radius in order to cover staff shortages. Indications are that there will be some resistance to these new terms. The time frame for the implementation of these changes has not been revealed.
Eurofound (2018), Bonmarche, Internal restructuring in United Kingdom, factsheet number 94675, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/94675.
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