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.
(49 - 53) Transportation / Storage 49 - Land transport and transport via pipelines 49.3 - Other passenger land transport 49.39 - Other passenger land transport n.e.c.
750 jobs Number of planned job losses
Announcement Date
17 December 2008
Employment effect (start)
1 January 2009
Foreseen end date
31 December 2009
Description
National Express, a coach and rail company, is to cut 750 jobs across the UK. The cuts are part of wider cost-cutting measures and will mainly affect back office staff. The company is considering both voluntary as well as compulsory redundancy schemes, while 50 train staff have already been offered voluntary redundancy. The job losses will be implemented in 2009.
Sources
17 December 2008: BBC News UK
Citation
Eurofound (2008), National Express, Internal restructuring in United Kingdom, factsheet number 67689, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/67689.
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