EMCC European Monitoring Centre on Change

3i

Company/Organisation:
3i

Geographic Location

Country: United Kingdom
Region: Inner London; London
Location of affected unit(s): London

Company

Sector: Financial services
Financial and insurance activities
64 - Financial service activities, except insurance and pension funding
Number Employed: 660

Employment Effects

Announcement Date: 04-12-2008
Planned Job Reductions min: 100
Planned Job Reductions max: 100
Type of Restructuring: Internal restructuring
Direct Dismissals: 100

Additional Information

3i, a private equity company, has announced that it is to cut 100 jobs.The company, which has an office in London, employs 660 people, has been affected by current economic conditions. As of 7 December 2008 the company has not announced when these jobs will be cut.

Sources:

04-12-2008The Guardian

Sources Links:

http://www.guardian.co.uk/business/2008/dec/04/3i-private-equity-job-cuts