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.
North West; Greater Manchester; Greater Manchester North
Location of affected unit(s)
Bolton
Sector
Public Administration And Defence Public Administration And Defence; Compulsory Social Security Public Administration And Defence; Compulsory Social Security 84 - Public administration and defence; compulsory social security
124 jobs Number of planned job losses
Announcement Date
24 November 2018
Employment effect (start)
Foreseen end date
Description
Bolton Council has approved plans aimed at generating over 30 million GBP (€33.16 million) of savings over a two year period. The decision means that consultation over a proposed reduction of 124 jobs has begun. Like other local authorities, Bolton Council has been hit hard by central government's policy of austerity and the result is that jobs have to be reduced in order to make savings. As well as the job cuts, the council is also putting in place a number of higher charges in order to generate revenue. Following consultation, the Council will sign off on the decision in February 2019.
A previous restructuring took place in 2016, when 239 jobs were lost.
Sources
Citation
Eurofound (2018), Bolton Council, Internal restructuring in United Kingdom, factsheet number 96209, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/96209.
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