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.
Plymouth City Council is to cut 200 jobs by the end of 2009. The cuts were blamed on the current economic turmoil and more specifically, on the Icelandic collapse. £13m of the council money were deposited in banks involved in Icelandic investments and therefore it is unlikely that the whole sum could be reclaimed.
Eurofound (2009), Plymouth City Council, Internal restructuring in United Kingdom, factsheet number 68017, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68017.