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.
IT services firm CSC has announced that it is to shed 750 jobs in the UK. This is part of a continuing restructuring of the company's operations across the world. The company has a contract with NHS trusts in the North, Midlands and East of England to provide its Lorenzo electronic patient records system. It is not thought that these job losses are connected with any specific contract, but losses are likley to come from the healthcare parts of the business.
These job losses represent another round of cuts to a business which had previously announced redundancies in 2012 (FS 20089).
Eurofound (2014), CSC, Internal restructuring in United Kingdom, factsheet number 77071, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77071.