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.
Construction company Amey has announced plans to cut 100 jobs from its workforce. The job cuts follow disputes about payment for the upgrade to the Great Western mainline project, which is the project to upgrade the rail line between London and Cardiff. According to reports there have already been some voluntary redundancies, though these will now be supplemented by some compulsory redundancies. Therefore the true redundancy figure will be much higher than the 100 affected by the compulsory scheme. The restructure is expected to be complete by the end of March 2019.
Eurofound (2019), Amey, Internal restructuring in United Kingdom, factsheet number 97154, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/97154.