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.
This restructuring plan is part of an overall cost reduction programme ending by March 2004.
3000 of them will be dismissed by September 2003.
By November 2003, 12,087 job losses were effective.
Sources
27 March 2003: The Guardian
20 May 2002: The Financial Times
12 November 2003: Les Echos
21 May 2002: The Guardian
Citation
Eurofound (2002), British Airways, Internal restructuring in World, factsheet number 58849, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/58849.