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.
International engineering consultancy company Halcrow has announced 269 job losses. The firm says that the redundancies, including 58 at its head office in Swindon, are as a result of reduced economic activity in civil engineering that it predicts will continue through 2010 and beyond. The company's corporate services, water and consulting businesses are affected as it says it can no longer maintain current staffing levels. Halcrow, which is owned and managed by its employees and staff shareholders, has begun a formal consultation period with affected staff. No details were given on numbers currently employed by the company or the date by which job losses are expected to be completed.
Eurofound (2009), Halcrow, Internal restructuring in United Kingdom, factsheet number 69512, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69512.