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.
Public Administration And Defence Public Administration And Defence; Compulsory Social Security Public Administration And Defence; Compulsory Social Security 84 - Public administration and defence; compulsory social security
195 - 194 jobs Number of planned job losses
Announcement Date
8 September 2010
Employment effect (start)
Foreseen end date
31 March 2011
Description
Business Link Northwest, an organization supporting new businesses in Lancashire, has announced its intention to cut 194 jobs in Preston. The planned reductions follow cuts in the regional development agency budget and come ahead of the government's spending review October. Managing director of Business Link Northwest, Peter Watson, said: "We know there will be changes to the delivery of government business support and a white paper will be released in the autumn setting out the coalition's proposals in more detail. The proposed restructure will allow us to be in a position to work with the government and the emerging Local Enterprise Partnerships in order to allow for a smooth transition."
Sources
8 September 2010: BBC Website
Citation
Eurofound (2010), Business Link Northwest, Internal restructuring in United Kingdom, factsheet number 70934, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70934.
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