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 has announced plans to cut 1300 jobs. The bank hopes to implement most of the cuts through natural wastage and voluntary redundancies while it will also offer redemployment opportunities. The bank's international, wealth, retail and group activities are among the areas to be affected by the cuts.
Eurofound (2011), Lloyds, Internal restructuring in United Kingdom, factsheet number 72501, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72501.