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.
Stream International, a company providing support services to technology companies, has announced that it is to cut 250 jobs from its call centre in Londonderry. The cuts are blamed on the loss of a major contract. The affected staff have been given the option to move with the contract in Newcastle-upon-Tyne but few have accepted. The company said they were looking for new clients but as of 29 July 2009 there is no further information.
Eurofound (2009), Stream International, Internal restructuring in United Kingdom, factsheet number 69345, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69345.