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.
Financial / Insurance/ Estate 65 - Insurance, reinsurance and pension funding, except compulsory social security 65 - Insurance, reinsurance and pension funding, except compulsory social security 65 - Insurance, reinsurance and pension funding, except compulsory social security
200 jobs Number of planned job losses
Announcement Date
4 September 2002
Employment effect (start)
Foreseen end date
Description
Workforce has already been cut by a half within 9 months
Citation
Eurofound (2002), Britannic, Internal restructuring in United Kingdom, factsheet number 60008, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60008.