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 UK Atomic Energy Authority (UKAEA), a statutory UK authority that oversees and de-commission UK nuclear facilities, has announced that it is to cut 100 jobs. 75 jobs will be lost in Winfrith in Dorset, and 25 jobs will be lost in Harwell in Oxfordshire. The job cuts will affect engineers, scientists and project managers. The authority said the cuts are due to decreased funding from the UK Nuclear Decommissioning Authority (NDA). The cuts will be made early in 2008, and the UKAEA plans to offer re-training and voluntary redundancy to affected workers. In a statement, the UKAEA said the NDA had cut the 2008/09 funding for the Winfrith and Harwell sites by 25 million GBP. The authority stated:
‘UKAEA will continue to make every effort to effect job reductions through voluntary means and as part of this exercise is providing staff with re-training, outplacement services and other support as necessary,’
As of November 2007, there is no information on the total number employed at the Winfrith and Harwell sites.
Eurofound (2007), UK Atomic Energy Authority, Internal restructuring in United Kingdom, factsheet number 66020, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66020.
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