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.
(69 - 75) Professional Services 69 - Legal and accounting activities 69.2 - Accounting, bookkeeping and auditing activities; tax consultancy 69.2 - Accounting, bookkeeping and auditing activities; tax consultancy
200 jobs Number of planned job losses
Announcement Date
11 February 2013
Employment effect (start)
Foreseen end date
Description
JP Morgan has announced plans to close down its offices in Swindon resuting in the loss of 200 jobs. Staff will continue to work at company offices in Lydiard Fields for another year before the closure. The company plans to offer relocation packages to its employees. As of February 2013 there is no information on when the job cuts will be implemented.
Sources
11 February 2013: BBC News
Citation
Eurofound (2013), JP Morgan, Internal restructuring in United Kingdom, factsheet number 75018, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/75018.
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...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
The more employee monitoring resembles surveillance – with its systematic, continuous and detailed tracking of employees' activities, behaviours or communications – the greater the potential for infringement of both privacy and data protection rights. Although the EU General Data Protection...
Since 2013, Eurofound's ERM database on restructuring-related legislation has been documenting regulatory developments in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change. The most recent update to the...