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.
Barclays, a UK retail bank, is to close three call centres in Bexleyheath in Kent, Clacton in Essex, and Dudley in the West Midlands as a result of a two year restructuring operation. The three call centres currently employ a total of 1,200 employees. Barclays, the UK's third largest bank, said it hoped to avoid forced redundancies at the three call centres. 'With careful management of staff turnover and active steps to redeploy it is expected that the number of employees made redundant will be significantly fewer than this,' it said.
Eurofound (2006), Barclays, Closure in United Kingdom, factsheet number 63743, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63743.