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.
Barts and The London NHS Trust has announced that it is to cut 635 jobs over the next two years in an attempt to reduce costs. The trust expects to make 200 compulsory redundncies, but hopes that the remainder will be lost through natural wastage and voluntary redundancy. Around 100 beds are to be lost, 260 nursing staff, 83 fewer clinical and diagnostic posts, 220 fewer administration and clerical posts and 72 fewer corporate roles. The job cuts are expected to generate savings of around £30m.
Eurofound (2011), Barts and The London NHS Trust, Internal restructuring in United Kingdom, factsheet number 71826, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71826.