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.
Information / Computing 62 - Computer programming, consultancy and related activities 62 - Computer programming, consultancy and related activities 62 - Computer programming, consultancy and related activities
950 jobs Number of planned job losses
Announcement Date
13 May 2002
Employment effect (start)
1 May 2002
Foreseen end date
1 March 2003
Description
500 jobs cut during the first two quarters 2002; 450 new redundancies for the first quarter 2003.
Citation
Eurofound (2002), Logica, Merger/Acquisition in United Kingdom, factsheet number 59531, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59531.