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.
The Edinburgh-based Heriot-Watt University has announced that it will start redundancy consultations about cutting 100 jobs on its three Scotland campuses. The redundancies will affect both academic and support staff. The job cuts are part of a plan to save £14 million (€16 million) and due to financial difficulties caused by a reduction in the number of applications from prospective EU students due to uncertainties caused by Brexit, as well as in the reduction of funding from the Scottish Government.
The management has introduced a voluntary redundancy scheme but the trade unions Unite and University and College Union (UCU) are concerned that there will also be compulsory redundancies. Unite has criticised Heriot-Watt University for not giving any advance warning about the planned cuts, despite having a legal duty to consult with the recognised unions about such plans.
Eurofound (2017), Heriot-Watt University, Internal restructuring in United Kingdom, factsheet number 90551, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/90551.
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