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.
Tameside Council in Greater Manchester has announced that it is to cut 800 jobs over the next four years to save £100m. The local authority hopes to cut 550 posts in 2011/12 to make the necessary £37m in savings in the next financial year. The council, which is labour-run, blamed the cuts on the reductions in funding from central government. Unison, the union representing workers at the local authority, has said it is working closely Tameside to help to look for early retirement options and voluntary redundancy.
Eurofound (2010), Tameside Council, Internal restructuring in United Kingdom, factsheet number 71229, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71229.