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.
A struggling NHS [National Health Service] trust in North Yorkshire is considering closing two wards and axing up to 100 jobs in a bid to save money, it has emerged. Last year, the Scarborough and North East Yorkshire Healthcare NHS Trust overspent by £7m. This was followed by a review of the Trust's operating procedures, after the Audit Commission concluded that inadequate leadership and ineffective management were the cause of one of the worst deficits in the NHS nationally. The review that was taken identified the possibility of ward closures and job cuts, although the trust board has yet to take a firm decision.
Eurofound (2006), Scarborough and North East Yorkshire Healthcare NHS Trust, Internal restructuring in United Kingdom, factsheet number 64084, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64084.