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.
Greater Manchester Police (GMP) has announced that it plans to cut 2,944 jobs. Members of the police authority voted to cut 1,387 officer and 1,557 civilian which equates to a 23% reduction in staff. It hopes that the move will save £134m from the force's budget. The plans include a recruitment freeze and forced retirement of all staff with more than 30 years service. The initial £52m in savings need to be made in 2011/12 meaning 1,059 are set to be cut by 2012.
UPDATE 18.2.11
Greater Manchester Police (GMP) has confirmed it is to cut more than 1,000 jobs by the end of 2012. 500 posts will go by the end of May 2011.
Eurofound (2010), Greater Manchester Police, Internal restructuring in United Kingdom, factsheet number 71231, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/71231.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
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