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.
Yorkshire and The Humber; North Yorkshire; North Yorkshire
Location of affected unit(s)
Thornaby, Middlesbrough
Sector
Adminstrative / Support Services 82 - Office administrative, office support and other business support activities 82.2 - Activities of call centres 82.2 - Activities of call centres
500 jobs Number of planned job losses
Announcement Date
12 October 2012
Employment effect (start)
Foreseen end date
Description
Firstsource, a company providing call centre services, has announced plans to cut 500 jobs in Thornaby and Middlesbrough.
The company manages Payment Protection Insurance claims for Barclaycard. The job losses were blamed on a decline in such claims. The company has entered a 90-day consultation period with the affected staff. The company has stated that they will try to help redundant employees in finding a new job.
Sources
12 October 2012: BBC News
Citation
Eurofound (2012), Firstsource, Internal restructuring in United Kingdom, factsheet number 74338, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74338.