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.
Cranfield University, which specialises in technology and management, has announced plans to cut 113 jobs. There has been no indication as yet of which roles in the 1,622 workforce have been identified as at risk, or whether the job cuts will come from academic or administrative roles. A spokesperson for the university did comment that the job losses were necessary in order to maintain the university's reputation as a leading location for postgraduate study, and that would be achieving by cutting costs and focusing on existing areas of strength.
Eurofound (2017), Cranfield University, Internal restructuring in United Kingdom, factsheet number 92191, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/92191.