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.
Financial Services Financial And Insurance Activities Financial Service Activities, Except Insurance And Pension Funding 64 - Financial service activities, except insurance and pension funding
100 jobs Number of planned job losses
Announcement Date
30 March 2010
Employment effect (start)
30 March 2010
Foreseen end date
Description
Financial services company HML has announced it is cutting about 100 jobs at 5 UK locations. It currently employs 2000 people, almost a quarter of whom are based in Derry, Northern Ireland. A spokesperson said the decision had not been taken lightly, but was best for the long term interests of both the company and the majority of it's employees. No timeline was given for when the losses will be completed by.
Sources
30 March 2010: BBC Website
Citation
Eurofound (2010), HML, Internal restructuring in United Kingdom, factsheet number 70392, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70392.
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