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.
Oxfam is to cut at least 10% of its workforce from its 700-strong headquarters staff in London. Though the charity has not experienced drops in funding, the new management is committed to improve efficiency and cost-effectiveness. Posts in support services (receiving, processing, banking and acknowledging donations) could be outsourced to the private sector. There should be no redundancies in the process though, this reorganisation having been planned for a long time.
Eurofound (2003), Oxfam, Internal restructuring in United Kingdom, factsheet number 58964, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/58964.