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.
Queen Alexandra Hospital has cut 700 jobs in a bid to save £29m this financial year. The cuts, mostly clerical and administration roles, have been achieved by not filling vacant positions. However, the hospital was still likely to be facing a deficit of about £6m in an overall budget of £430m even with the savings.
On April 19, 2011 the hospital announced plans to cut a further 99 jobs. Managers hope that most of the cuts will be achieved through voluntary redundancies.
Eurofound (2011), Queen Alexandra Hospital, Internal restructuring in United Kingdom, factsheet number 71731, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71731.