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.
Baker Perkins, a company that operates in the machinery manufacturing sector, has announced that it will cut up to 50 jobs at its site at Paston in Peterborough. 400 people are currently employed at the site, which makes processing equipment for food manufacturers. The company has stated that a consultation process has started with employee representatives in the hope of finding workers who wish to take voluntary redundancy. As of 14 September 2008, no announcement has been made as to when these redundancies will occur.
Eurofound (2008), Baker Perkins, Internal restructuring in United Kingdom, factsheet number 67080, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/67080.