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.
COLT Telecom Group plc, a leading pan-European provider of business communications services, plans to move 200 UK jobs to India in a bid to cut wage costs. This will increase the number of jobs outsourced to India to 800. Colt has so far resisted employee demands for union recognition and representation within the UK and refuses to discuss or negotiate terms and conditions with the Communication Workers Union. The CWU is calling on Colt management to sit down at the negotiating table to examine how job losses can be avoided and productivity raised.
Eurofound (2006), Colt Telecom, Offshoring/Delocalisation in United Kingdom, factsheet number 62959, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62959.