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.
Royal Dutch Shell said on 28 April 2004 it will cut up to 2,800 jobs as it relocates its global technology division. IT operations, now concentrated in the UK, the Netherlands and the US, are to be shifted to India or Malaysia, where Shell already employs about 1,000 people in a technology support centre. The company, did not disclose where the jobs would be cut, but it employs around 1,000 people in its British IT operations in the north-west and in London. The group expects the cuts to save $850 million (£475.6 million).
Eurofound (2004), Shell, Internal restructuring in United Kingdom, factsheet number 60313, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60313.