EMCC European Monitoring Centre on Change

M&G

Company/Organisation:
M&G

Geographic Location

Country: United Kingdom
Region: Essex; East of England
Location of affected unit(s): Chelmsford (East of England)

Company

Sector: Financial services
Financial and insurance activities
64 - Financial service activities, except insurance and pension funding
Number Employed: 1200

Employment Effects

Announcement Date: 27-05-2002
Planned Job Reductions min: 600
Planned Job Reductions max: 600
Type of Restructuring: Bankruptcy/Closure

Additional Information

Outsourcing of units is considered.