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.
Northamptonshire County Council has revealed proposals to cut about 385 jobs due to a funding shortage. The council is facing a £9.5 million budget shortfall for 2006/2007 and hopes the planned redundancies will divert funds to areas such as transport and police. Council leader Jim Harker said the authority has 'identified around 400 full time equivalent posts that could be directly affected by these current proposals. This could increase as we go through this process.' Plans for further redundancies before the end of the year have not been ruled out, he added. A series of meetings, between Unison and the council, have been planned to discuss the implications of the cuts for each service area, he added.
Eurofound (2005), Northamptonshire County Council, Internal restructuring in United Kingdom, factsheet number 62656, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62656.