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 Land, Water And Air Transportation Land Transport And Transport Via Pipelines 49.39 - Other passenger land transport n.e.c.
200 jobs Number of planned job losses
Announcement Date
8 December 2009
Employment effect (start)
Foreseen end date
Description
National Express has announced plans to cut up to 200 jobs in West Midlands. The redundancies come at the end of a turbulent year for the company which has been stripped of the East Coast franchise by the Government and seen a £765 million takeove deal collapse after four months of negotiations.The cuts are mainly from its bus and coach division, and head office in Birmingham.The company plans also to close the offices at Bordesley Green, the old Travel West Midlands headquarters.The announcement comes just a week before the opening of National Express's new £15 million coach station in Digbeth, which will become the group's new headquarters in the New Year.The exact numbers are yet to be finalised and are subject to consultation with employees.
Sources
8 December 2009: BBC News
9 December 2009: Birmingham Post
Citation
Eurofound (2009), National Express, Internal restructuring in United Kingdom, factsheet number 69984, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69984.
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