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.
Transportation / Storage 49 - Land transport and transport via pipelines 49 - Land transport and transport via pipelines 49 - Land transport and transport via pipelines
1,000 jobs Number of planned job losses
Announcement Date
29 January 2009
Employment effect (start)
Foreseen end date
Description
London Underground is to cut 1,000 jobs. The cuts will affect temporary and administrative posts including staff working in finance, IT, procurement, human resources and legal departments. The company committed to keep mandatory redundancies to a minimun whereas the unions threatened with a ballot for industrial action if compulsory redundancies were imposed. As of 29 January 2009 there is no information on when the job losses will occur.
Sources
29 January 2009: BBC News
Citation
Eurofound (2009), London Underground, Internal restructuring in United Kingdom, factsheet number 68018, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68018.
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