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.
DML, which runs Devonport Dockyard in Plymouth, says it may be forced to reduce the staff by 900 jobs till 2008. Workers have been told a reduction in submarine work and bleak projections about other contracts may mean staff being cut from 4,700 to 3,800.
DML said: 'Two major topics discussed were the UK's excess capacity for surface ship maintenance work and the reduction in Devonport's nuclear
submarine refitting load '.
Eurofound (2006), DML, Internal restructuring in United Kingdom, factsheet number 62913, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62913.