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.
Nearly 200 workers employed by Tube Lines contractor ISS face being laid off. The company has announced that it was 'refocusing resources' for station cleaning. Rail Maritime and Transport union (RMT) general secretary Bob Crow said workers were 'stunned and furious' when they were told their jobs may be cut. Mayor of London Mr Livingstone said Tube Line's contract made it responsible for cleanliness on the Tube. He said: 'I do not see how they can maintain standards of cleanliness by cutting staff. Given the profits that the infrastructure companies enjoy, there is no case for reducing these cleaning posts.'
Eurofound (2007), ISS, Internal restructuring in United Kingdom, factsheet number 64698, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64698.