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.
The BBC has announced plans to restructure its monitoring department as part of a drive to reduce costs across the organisation. In total there will be a net reduction of 98 jobs, but not all of these will come from UK offices. As part of the restructure offices will open in Turkey and in Israel and the Afghanistan office will be closed. 65 jobs are to be cut from the UK's headquarters in Reading, which currently employs 320 staff. It is understood that mandatory consultation with trade unions will begin imminently. There is no report as yet of when the job losses are expected to take effect.
Eurofound (2016), BBC Monitoring department, Internal restructuring in United Kingdom, factsheet number 88216, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/88216.