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.
Birmingham city council has announced that it is to reduce its workforce by 1/3 over the next 4 years. The local authority has announced that around 3000 back office roles will move to cooperative organisations and 3704 posts will be lost through redundancy and early retirements. Trade union GMB noted that it had already received a formal notice of the loss of 2450 job losses during the next financial year. The job losses are part of the councils plan to save £177 million next financial year.
UPDATE 14.1.11
Birmingham City Council has confirmed that 4,300 posts will go and 3,000 more will be transferred into a schools co-operative. The Schools cooperative will mean that staff that were formerly employees of the local education authority will be paid by the schools. To date 1807 employees have already taken voluntary redundancy, 1500 have opted to do in the next financial year and 302 compulsory redundancies have been made.
Eurofound (2010), Birmingham City Council, Internal restructuring in United Kingdom, factsheet number 71257, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/71257.
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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