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.
Nearly 300 doctors and nurses are to lose their jobs at three West Midlands hospitals. Sandwell and West Birmingham Hospitals NHS Trust, which runs the City, Sandwell and Rowley Regis hospitals, is cutting 800 jobs to save up to £20m. Also affected are 43 senior managers, 170 health care assistants, 224 clerical staff and 77 other staff, including physiotherapists.
The trust, which has more than 7,000 staff and serves a population of 500,000, has imposed a freeze on vacancies and asked staff to consider voluntary redundancy or early retirement. It said its annual budget of £308m would fall to £303m in the next financial year and a £3m debt had to be repaid.
Eurofound (2006), Sandwell and West Birmingham Hospitals NHS Trust, Internal restructuring in United Kingdom, factsheet number 63366, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63366.