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.
The BBC's director general, Mark Thompson announced plans to secure the corporation's financial future, making thousands of staff redundant and relocating key departments to Manchester. Two and half thousand middle managers and support staff will be made redundant and a further 400 will go in the factual and learning division, the hardest hit by plans to outsource more programmes to independent producers. A further 1,800 staff from BBC Sport, children's programming, new media and Radio 5 Live will move to Manchester but the shift will not take place for five years and was contingent on a satisfactory licence fee settlement. The plans represent a 15% cut in the overall budget. Most of the jobs to be lost will be in the head office functions related to finance and personnel areas.
Eurofound (2004), BBC, Internal restructuring in United Kingdom, factsheet number 60825, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60825.