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 Airline Flybe has announced that it is to cut around 300 jobs in the UK. The company follows moves by other European airlines, which have also cut costs and headcount. The restructuring is blamed on lower demand resulting from the euro zone crisis.
A timeline for the restructuring has not yet been given.
Eurofound (2013), Flybe, Internal restructuring in United Kingdom, factsheet number 74828, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74828.