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.
British Airways has announced plans to cut 1200 jobs at BMI following its takeover of the airline. The company has started consultation over how to integrate the remaining 1,500 jobs at Heathrow Airport. The redundancies will be located at the BMI head office at Castle Donington, Leicestershire, and at regional airports.
British Airways purchased BMI last month, after clearance from the European Commission regulators.
Eurofound (2012), BMI, Merger/Acquisition in United Kingdom, factsheet number 73512, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73512.