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.
British Airways has announced plans to cut up to 570 Gatwick jobs in a bid to cut costs and enhance its competitiveness. The losses include 170 customer service and management support staff and 400 ramp worker roles. The latter are likely to be outsourced and the company hopes to offer the 400 affected staff jobs with a new external supplier.
The company has entered consultations with trade unions who are displeased with the announcement. So far, there is no timeline for the restructuring.
Eurofound (2012), British Airways, Internal restructuring in United Kingdom, factsheet number 73613, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73613.