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.
Peterborough (East), Cardiff (Wales), Bristol (South West), Bracknell, London, Tunbridge Wells (South East)
Sector
Financial / Insurance/ Estate 64 - Financial service activities, except insurance and pension funding 64 - Financial service activities, except insurance and pension funding 64 - Financial service activities, except insurance and pension funding
1,500 jobs Number of planned job losses
Announcement Date
18 June 2002
Employment effect (start)
Foreseen end date
1 December 2002
Description
800 jobs will be cut in 2002.
Citation
Eurofound (2002), AMP, Internal restructuring in United Kingdom, factsheet number 59900, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59900.