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.
South East (England); Surrey, East and West Sussex;
Location of affected unit(s)
Sector
Health / Social work 86 - Human health activities 86.1 - Hospital activities 86.1 - Hospital activities
400 jobs Number of planned job losses
Announcement Date
4 April 2006
Employment effect (start)
Foreseen end date
Description
Surrey and Sussex Healthcare NHS Trust has said it expects around 400 jobs will go as it attempts to wipe out a £2m monthly overspend. The trust announced the cuts as part of a two-year plan aimed at eliminating its £41.2m debt.
Chief executive of the trust, Gary Walker, said: 'Our focus will be on retaining essential skills and minimising job losses.'
Mr Walker added: 'We have already reduced our monthly overspend from £3.2m a month to around £2m but we need to break even monthly and as soon as possible.No stone has gone or will go unturned in our efforts to drive out inefficiency and waste.'
Citation
Eurofound (2006), Surrey and Sussex Healthcare NHS Trust, Internal restructuring in United Kingdom, factsheet number 63303, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63303.