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.
Government Department, the Department for Work and Pensions (DWP), has announced plans to close 68 of its job centres. The move will result in the loss of 750 jobs. The DWP has said that some redeployment may be possible. There are also plans to open five new larger job centres, though the locations of the these sites have not been confirmed. The cuts are expected to take place over the forthcoming year.
The Government justified the plans by arguing that more and more of the business nowadays happens online and that the cuts will offer better value for taxpayers. The PCS union argued that the changes would mean that the most vulnerable members of society would struggle to access the services they need.
Eurofound (2017), Department for Work and Pensions, Closure in United Kingdom, factsheet number 91631, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/91631.