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.
Powys Council plans to make 500 employees redundant in a bid to achieve savings of £16 over the next four years. The cuts are blamed on reduced government funding and growing economic pressures. The cutbacks are most likely to be met by natural wastage, including retirements and not filling vacancies. However, compulsory redundancies have not been ruled out.
Eurofound (2010), Powys Council, Internal restructuring in United Kingdom, factsheet number 70709, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70709.