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 bank is to cut 109 to 165 jobs at its site in Cardiff. The bank will outsource its operations to a third-party supplier in Warwickshire. The job losses will take effect from Spring 2009 and will be implemented by September 2009. It is likely that a further 56 jobs will be lost at the bank's offices in North London.
Eurofound (2008), Barclays, Outsourcing in United Kingdom, factsheet number 67633, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67633.