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.
Network Rail is to cut 1800 maintenance jobs by April 2011. The company will eliminate a total of 2,459 positions, but the additional cuts affect subcontractors, not permanent posts. The company stated that it hopes to avoid any compulsory redundancies but RMT, the union, spoke of a 'jobs masscre.'
Eurofound (2009), Network Rail, Internal restructuring in United Kingdom, factsheet number 69526, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69526.