Type
Internal restructuring
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Health / Social Work
Residential Health Care And Social Work
Residential Care Activities
87 - Residential care activities

115 jobs
Number of planned job losses
Job loss
Announcement Date
15 December 2003
Employment effect (start)
Foreseen end date
1 March 2004

Description

The Children's Society is set to cut 115 jobs — more than 10% of its workforce — in a bid to save £5 million a year. The charity has been experiencing financial difficulties for years. At a time when charities are operating in a very competitive climate, it is essential to be able to demonstrate to donors that their money is well spent, i.e. spent on beneficiaries, not staff. Unions point out that these cost reduction measures take very little into account the increasing problems of stress and burn-out of staff in the voluntary sector.


Sources

  • 15 December 2003: The Guardian

Citation

Eurofound (2003), Children's Society, Internal restructuring in United Kingdom, factsheet number 59228, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59228.