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.
South East; Berkshire; Buckinghamshire and Oxfordshire
Location of affected unit(s)
Sector
Public Administration And Defence Public Administration And Defence; Compulsory Social Security Administration Of The State And The Economic And Social Policy Of The Community 84.11 - General public administration activities
200 jobs Number of planned job losses
Announcement Date
8 July 2016
Employment effect (start)
Foreseen end date
Description
Reading Borough Council has announced plans to cut 200 jobs as part of it's plans to make further budget cuts in the hopes to save almost £20 million. It is understood that since 2011 the council has already cut 600 positions. The latest cuts were announced at the start of July 2016 and were confirmed following a meeting on July 18 2016. There was opposition to the plans from Liberal Democrat and Green councillors, however the plans were still approved. The timeframe for the job losses has yet to be reported.
Sources
8 July 2016: BBC Website
19 July 2016: Getreading.co.uk
Citation
Eurofound (2016), Reading Borough Council, Internal restructuring in United Kingdom, factsheet number 88325, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/88325.
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