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.
IT services firm CSC has announced that it is to cut up to 500 jobs. It is reported that some staff might be redeployed or offered voluntary redundancy packages. Jobs will be cut from healthcare related positions related to a contract with the NHS. The move follows the cancellation of the NHS National Programme for IT, which CSC was working within.
CSC has to make face to criticisms by high profile reviews, which claim that CSC's work was of very low quality and the government should reconsider working together with the company.
A timeline for the redundancies has yet to be announced.
UPDATE, 23/4/12: CSC announced an additional 640 job cuts in its UK units. Some of the firm's IT services will be transferred to company units in the Czech Republic and India.
Eurofound (2012), CSC, Internal restructuring in United Kingdom, factsheet number 73199, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73199.
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