EMCC European Monitoring Centre on Change



Geographic Location

Country: United Kingdom
Location of affected unit(s): Peterborough (East); Cardiff (Wales); Bristol (South West); Bracknell & London, Tunbridge Wells (South East)


Sector: Financial services
Financial and insurance activities
64 - Financial service activities, except insurance and pension funding
Number Employed: 7500

Employment Effects

Announcement Date: 18-06-2002
Planned Job Reductions min: 1500
Planned Job Reductions max: 1500
Type of Restructuring: Internal restructuring
Foreseen End Date: 01-12-2002

Additional Information

800 jobs will be cut in 2002.