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.
British Airways who employ around 2,500 baggage handlers at Heathrow is planning to cut up to 15% of its baggage handling staff. The 'headcount reductions' come as part of the airline's plans for consolidating all of its Heathrow operations into the new terminal five, currently under construction. These wortkers have been involved in industrial action for the past two summers, as well as the unofficial walk-outs that paralysed BA's operations at Heathrow for a day and a half last in early August 2005 estimated to have cost up to £30 million. However, BA executives pointed out that any reduction would not necessarily involve forced redundancies. 'For example, our cargo operations are growing. So while we may have the need for fewer handlers they could be redeployed into other areas.'
Eurofound (2005), British Airways, Internal restructuring in United Kingdom, factsheet number 62168, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62168.