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.
Following the Granada-Carlton merger to form a unique ITV company, Granada decided to relocate the activities of its Southampton subsidiary Meridian. Meridian's regional programming operation is to become part of the ITV News division, headed by Carlton, that will be situated in a new high-tech centre in Fareham. Unions fear other job losses in other regional production centres. On 19 January 2004, unions threatened to go on strike to protest against some compulsory redundancies.
To see related matters, search Granada, Carlton, ITV.
Eurofound (2003), Meridian, Merger/Acquisition in United Kingdom, factsheet number 59603, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59603.