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.
Mapping agency Ordnance Survey has announced that 180 staff will take voluntary redundancy as part of a cost cutting exercise. The cuts are part of a plan to reduce costs by 5% per annum for the next 5 years. Whilst the company is wholly government owned, it runs as a commercial business receiving no money from taxpayers. No date for redundancies has been confirmed, though the company notified workers that have successfully applied for redundancy last week.
Eurofound (2009), Ordnance Survey, Internal restructuring in United Kingdom, factsheet number 69682, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69682.