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.
One of Malvern's largest employers which announced 500 posts losses says it is taking steps to minimise that figure. Technology firm QinetiQ, which also has an office in Pershore, said that posts would be cut over 52 sites nationwide.
It said traditional support functions and technical posts would go under a restructuring programme.
Now the firm says it expects the number to be less than at first expected but cannot say where the cuts will be made. The company says they are expecting the majority of affected staff to be redeployed or to take voluntary redundancy.
Eurofound (2005), QinetiQ, Internal restructuring in United Kingdom, factsheet number 61382, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61382.