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.
Canadian-owned Bombardier has announced that 270 jobs will be abolished in its UK transport business, UK for Rail. UK for Rail employs 3,500 across several sites in the United Kingdom. The job cuts in the rail business form part of a global reduction of 7,000 jobs (see related factsheet) of which 3,200 jobs were to come from Bombardier’s transport division, which is involved in rolling stock and rail systems. Bombardier manufactures planes and trains in the United Kingdom and it also manufactures rail equipment and develops rail systems. The job losses at UK for Rail are further to losses in Bombardier’s UK workforce based in Northern Ireland (see related factsheet).
Eurofound (2016), UK for Rail, Internal restructuring in United Kingdom, factsheet number 86582, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/86582.