Reuters

Type
Internal restructuring
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Media
60 - Programming, broadcasting, news agency and other content distribution activities
60.3 - News agency and other content distribution activities
60.31 - News agency activities
3,000 jobs
Number of planned job losses
Job loss
Announcement Date
18 February 2003
Employment effect (start)
Foreseen end date

Description

Part of this restructurin plan is due to a shift of its software engineers to Bangkok. 3,000 workers are affected in the United Kingdom.

Sources

  • 18 February 2003: The Guardian
  • 24 October 2003: The Guardian

Citation

Eurofound (2003), Reuters, Internal restructuring in United Kingdom, factsheet number 59189, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59189.