Type
Internal restructuring
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Financial Services
Financial And Insurance Activities
Insurance, Reinsurance And Pension Funding, Except Compulsory Social Security
65 - Insurance, reinsurance and pension funding, except compulsory social security

200 jobs
Number of planned job losses
Job loss
Announcement Date
4 September 2002
Employment effect (start)
Foreseen end date

Description

Workforce has already been cut by a half within 9 months


Sources

Citation

Eurofound (2002), Britannic, Internal restructuring in United Kingdom, factsheet number 60008, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60008.