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.
Insurance company Willis has announced plans to make a further 350 job cuts from its UK operations. The move was announced to staff on 13 April, and is part of the company's 'project Skyline' restructuring plan which aims to move 3,500 jobs to cheaper alternatives including moving London jobs to Ipswich and also outsourcing some jobs to Mumbai, India. The previous round of redundancies was announced in August 2014. The timescale for the loss of the 350 jobs is not yet known.
Eurofound (2015), Willis, Relocation in United Kingdom, factsheet number 79373, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/79373.