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.
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.
Eurofound (2015), AA, Internal restructuring in United Kingdom, factsheet number 78569, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/78569.