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.
Transportation / Storage Warehousing And Support Activities For Transportation, Postal And Courier Activities Warehousing And Support Activities For Transportation 52.21 - Service activities incidental to land transportation
250 - 300 jobs Number of planned job losses
50 jobs Number of planned job creations
Announcement Date
11 February 2015
Employment effect (start)
Foreseen end date
Description
Roadside assistance company, AA, has unveiled plans to cut 300 jobs. The reductions follow a stretgic review of the company which began in 2014. It is not reported when the job losses will take effect, but it is understood that the majority of the affected jobs will be at the headquarters in Hampshire. At the same time as cutting jobs at the headquarters the company will also create 50 frontline roadside assistance positions. The company has been subject to various takeovers and buyouts over recent years, since it was sold into private hands in 1999; it had previously been owned by the membership.
Sources
11 February 2015: The Independent
Citation
Eurofound (2015), AA, Internal restructuring in United Kingdom, factsheet number 78569, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/78569.
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