Type
Internal restructuring
Country
United Kingdom
Region
London;
Location of affected unit(s)
London
Sector
Transportation / Storage
Land, Water And Air Transportation
Land Transport And Transport Via Pipelines
49 - Land transport and transport via pipelines

1,000 jobs
Number of planned job losses
Job loss
Announcement Date
29 January 2009
Employment effect (start)
Foreseen end date

Description

London Underground is to cut 1,000 jobs. The cuts will affect temporary and administrative posts including staff working in finance, IT, procurement, human resources and legal departments. The company committed to keep mandatory redundancies to a minimun whereas the unions threatened with a ballot for industrial action if compulsory redundancies were imposed. As of 29 January 2009 there is no information on when the job losses will occur.


Sources

  • 29 January 2009: BBC News

Citation

Eurofound (2009), London Underground, Internal restructuring in United Kingdom, factsheet number 68018, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68018.