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 civil engineering company Galliford Try has announced plans to dismiss around 350 employees. The company which is involved in major infrastructure projects had issued a statement earlier in April 2019 warning that profits were expected to be around GBP 30-40 million lower than the previously projected GBP 156 million. It is understood that the majority of the job cuts will take place in Scotland, though the restructure affects jobs across the UK in the investments and construction divisions. It is not known when the job cuts are expected to take place, though the statutory period of consultation is reportedly underway.
Eurofound (2019), Galliford Try, Internal restructuring in United Kingdom, factsheet number 97714, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/97714.