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.
Lloyds Bank announced plans to cut 585 jobs across the UK. The majority of these will come from the closure of all 58 of its personal loan centres. Personal finance operations will now be carried out through the existing customer lending centre in Cardiff. As of 25 January 2010 there is no further information on the case.
Eurofound (2010), Lloyds, Closure in United Kingdom, factsheet number 70086, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70086.