Type
Internal restructuring
Country
United Kingdom
Region
East of England; Essex;
Location of affected unit(s)
Romford
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64 - Financial service activities, except insurance and pension funding

65 - 280 jobs
Number of planned job losses
Job loss
215 jobs
Number of planned job creations
Job creation
Announcement Date
9 July 2003
Employment effect (start)
Foreseen end date

Description

The restructuring is designed to refocus Abbey on its banking business. The call center (280 workers) to be closed in Romford is expected to be transferred in Sheffield and Bradford. 215 jobs will be transfered.


Sources

  • 10 July 2003: The Guardian

Citation

Eurofound (2003), Abbey National, Internal restructuring in United Kingdom, factsheet number 59597, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59597.