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.
North West; Greater Manchester; Greater Manchester North
Location of affected unit(s)
Bolton
Sector
Public Administration And Defence Public Administration And Defence; Compulsory Social Security Administration Of The State And The Economic And Social Policy Of The Community 84.11 - General public administration activities
239 jobs Number of planned job losses
Announcement Date
8 November 2016
Employment effect (start)
Foreseen end date
Description
Bolton Council has announced a two year budget which aims to save GBP 12.5 million. As part of the settlement 239 jobs will be lost. Further jobs are being sustained only through the council's reliance on cash reserves. The details of the job losses are yet to be announced, though a spokesperson for the local authority said that it was hoped that compulsory redundancies will be avoided. This suggests that part of the consultation will look at enhanced packages for voluntary redundancies.
Sources
8 November 2016: BBC Website
Citation
Eurofound (2016), Bolton Council, Internal restructuring in United Kingdom, factsheet number 89106, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/89106.
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