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.
Allvotec, the UK-based IT and Communications services provider will cut 300 jobs from the UK and offshore 200 of these jobs to Bulgaria to make the company’s operation more cost efficient.
The job cuts in the UK will affect permanent and contractor staff working in Northampton, Manchester and Aston in engineering, IT and finance roles.
Allvotec (formerly known as Daisy Partner Services) employs 1,500 people and provides technology and communications services for a number of large organisations in the UK.
Eurofound (2020), Allvotec, Offshoring/Delocalisation in United Kingdom, factsheet number 100074, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/100074.
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