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.
Water utility AWG said that it would have to cut jobs as it seeks to increase efficiency at Anglian Water. The warning comes just days ahead of the announcement of a review by the industry regulator Ofwat, which will determine prices that water companies can charge for the next five years. AWG said it was looking to cut about 200 jobs at Anglian - about 6% of the water and sewerage business's workforce. ‘We will look to achieve the job losses by natural turnover and voluntary redundancy in the first instance', the finance director, Scott Longhurst, said.
Eurofound (2004), Anglian Water Group (AWG), Internal restructuring in United Kingdom, factsheet number 60768, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60768.