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.
Energy company SSE has announced plans to cut jobs at its Fiddler's Ferry coal-fired power station in Widnes, in North West England. Plans reveal that the company intends to close three of the four turbines by April, which puts 213 jobs at risk. The plant has operated for 45 years, though there have been increasing pressures over recent years to move away from coal as a source of energy towards greener options. A spokesperson for SSE confirmed that consultation with those affected had already started.
Eurofound (2016), SSE, Closure in United Kingdom, factsheet number 86427, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/86427.