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.
Almost a third of the remaining workforce at the Gloucestershire plant of office equipment firm Xerox is to go. Almost 100 jobs are to be lost with the closure of the company's Asset Recovery Centre in Mitcheldean by September 2005.
The US-based company blamed the losses on a significant reduction in orders. The firm was once one of the areas main employers, with around 5,000 on the payroll of the Mitcheldean plant.
The workforce has since declined. In 2001, Xerox announced plans to cut around 1,000 jobs at the site as part of a company-wide programme of cost-cutting.
Eurofound (2005), Xerox, Internal restructuring in United Kingdom, factsheet number 61368, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/61368.
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